Donald Trump’s Radical Policies Threaten Global Economic Stability, Economist Warns
Renowned Zambia’s economist Kelvin Chisanga has warned that U.S. President Donald Trump’s confrontational leadership style poses a significant risk to global economic growth.
Mr. Chisanga believes Trump’s approach to policy implementation, especially in critical economic sectors, could trigger a severe global economic reset, potentially leading to serious repercussions.
“Trump’s policy weight needs careful balancing to avoid unintended economic disruptions,” Chisanga stated. “We are currently witnessing a dangerous shift that threatens the steady growth pathways aimed at ensuring economic balance, stability, and progress.”
Mr. Chisanga noted that the global economy has already been facing numerous external shocks, some stemming from human error, while others are linked to unsustainable policy frameworks and natural challenges. He cautioned that Trump’s ambitious plans to “build a great America” could inadvertently disrupt global economic structures.
According to economist Chisanga, Trump’s potential second term in office could bring even greater disruptions compared to his first term, with a radically different agenda that may have profound implications for Africa. The continent, he stressed, must unite to safeguard its raw materials from exploitation amidst these drastic policy shifts.
“Africa, as a continental bloc, faces tough times ahead. Unity and cooperation will be crucial to protecting the continent’s economic interests,” Mr. Chisanga emphasized.
He further highlighted the growing trade tensions, noting that sanctions are already being imposed on key productive nations, with more likely to follow. “America’s vast wealth and resources are substantial, but it cannot thrive in isolation. Disrupting global economic patterns could have devastating effects worldwide,” he added.
As the world braces for potential economic turbulence, Mr. Chisanga urged policymakers to adopt strategic measures that ensure stability and sustainable growth.
