Abstract: Why is Trump’s comeback expected to trigger a new round of inflation in the United States and globally? With his sweeping victory across seven key swing states, if Trump truly intends to fulfill his promises, such as cutting taxes domestically, imposing taxes externally, and cracking down on immigration, the United States and the world’s major economies may face the issue of inflation surging once again. Currently, it is highly probable that the Republican Party will gain complete control of the majority of seats in both the Senate and the House of Representatives, allowing Trump to smoothly advance his economic agenda during the first two years of his term.
