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How Trump's First Round Of Executive Orders May Impact Jobs And Housing Costs


Published on 2025-01-23 07:20:49 - Forbes
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  • With President Donald Trump back in the White House, big economic shifts could be coming for housing and job markets across the country. From tariffs on building materials to deregulation in housing and a renewed push for domestic manufacturing,

The article from Forbes discusses the potential economic and financial policy changes that could occur if Donald Trump were to win the 2024 presidential election and enact his proposed executive orders in 2025. Key points include Trump's plans to extend tax cuts from the Tax Cuts and Jobs Act, which are set to expire in 2025, potentially increasing the federal deficit. He also aims to reduce regulations, particularly in energy sectors, by reversing Biden's environmental policies, promoting fossil fuel production, and possibly withdrawing from international climate agreements. Additionally, Trump has expressed intentions to reform trade policies, including imposing tariffs on imports, which could lead to trade wars. His administration might also look to alter the Affordable Care Act, potentially affecting healthcare costs and coverage. These policies could significantly impact personal finances through changes in tax liabilities, healthcare expenses, and economic stability due to shifts in trade and regulatory environments.

Read the Full Forbes Article at:
[ https://www.forbes.com/advisor/personal-finance/trump-executive-orders-2025/ ]
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