The Prospector News

Chris Temple – Economic Implications of Trump’s Re-election: Tariffs, Deportations, Government Efficiency

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Chris Temple – Economic Implications of Trump’s Re-election: Tariffs, Deportations, Government Efficiency

 

 

 

 

 

On this episode of the Prospector Podcast, Michael Fox is joined Chris Temple of the National Investor to discuss the economic implications of Donald Trump’s re-election as president. They analyze Trump’s proposed tariff policies, noting they could be inflationary but may be more surgical than his rhetoric suggests. Chris believes smarter advisors will craft a nuanced tariff approach focused on protecting key industries rather than blanket tariffs on all imports. They also discuss potential tensions with Mexico’s new president over the USMCA trade deal and China potentially evading tariffs by manufacturing in Mexico.

 

Chris and Michael discussed the potential economic and social impacts of mass deportations. Michael argued that deporting undocumented immigrants could lead to increased food prices and inflation due to the need for American labor to fill low-paying jobs. He also pointed out the potential strain on the immigration courts, which already have a backlog of 1019 days. Chris countered by suggesting that the number of undocumented immigrants is not known and that many of them are willing to work hard for low wages. He also argued that the US should not automatically owe the rest of the world a living or free services. Chris supported President Trump’s plan to deport undocumented immigrants with criminal records, stating that no nation is safe without secure borders.

 

Prior to moving onto discussion of the latest Rate cut, Michael and Chris discussed various topics including inflation, tax policy, and the military budget. Chris emphasized the need for a more efficient and streamlined government, suggesting that the military budget could be significantly reduced without compromising national security. He also touched on the idea of a National Infrastructure Bank to fund infrastructure projects and stimulate economic growth. The conversation then shifted to the mining industry, with Chris expressing optimism about the Trump administration’s potential to streamline the permitting process and accelerate the development of critical materials. He also mentioned the need for a more amenable Interior Secretary to facilitate these changes.

 

Finally, Michael and Chris discussed the latest FOMC meeting where the fed decreased the interest rates by a quarter of a percent. It was suggested that a pause may take place while the Fed digests new policies from the incoming Trump Gov’t. They acknowledged the challenges that lie ahead, such as higher inflation and potential conflicts between the administration and the Federal Reserve.

 

Join both Chris and Mike at The New Orleans Investment Conference November 20 – 23

 

National Investor 

Posted November 11, 2024

Share this news article

MORE or "UNCATEGORIZED"


Adyton Reports Multiple Significant Gold Intersections from its Feni Island Gold-Copper Project Drilling, Including 144m at 1.18g/t Au

Adyton Resources Corporation (TSX-V: ADY) is pleased to report it... READ MORE

July 22, 2025

First Mining Announces Closing of $12 Million Public Offering

First Mining Gold Corp. (TSX: FF) (OTCQX: FFMGF) (FRANKFURT: FMG)... READ MORE

July 22, 2025

CUPANI METALS CLOSES THIRD TRANCHE OF PRIVATE PLACEMENT FOR TOTAL FINANCING OF $4.5M

CUPANI METALS CORP.  (CSE: CUPA) (OTCQB: CUPIF) is pleased to an... READ MORE

July 22, 2025

VIZSLA COPPER ANNOUNCES NEW COPPER-MOLYBDENUM DISCOVERY AT THE THIRA TARGET; DRILLS 345.3 METERS OF 0.43% CUEQ IN FIRST DRILL HOLE AT THE POPLAR PROJECT, CENTRAL BC

Vizsla Copper Corp. (TSX-V: VCU) (OTCQB: VCUFF) (FRANKFURT: 97E0)... READ MORE

July 22, 2025

Atlas Critical Minerals Reports Strong Initial Graphite Recovery of 96.6% in Its Minas Gerais Project

Atlas Critical Minerals Corporation (OTCQB: JUPGF) is pleased to ... READ MORE

July 22, 2025

Copyright 2025 The Prospector News