US Faces Economic Strain Due to Policy Shifts, Warns Economic Analyst
Zambian economic analyst, Mr. Kelvin Chisanga, has raised concerns over the mounting economic pressures facing the United States as a result of the Trump administration’s drastic policy changes, particularly regarding trade and commerce tax structures.
Mr. Chisanga noted that these policies, primarily focused on imposing sweeping tariffs, have caused significant strain on both the global economy and the US domestic market.
According to Chisanga, the Trump administration’s geopolitical tensions and proposed tariff measures are already negatively affecting the US economy, with the authorities reportedly struggling to reverse course.
“The consequences of these policy shifts are evident, and the administration is still deliberating on ways to correct the path before further economic damage occurs,” he said.
Mr. Chisanga believes the President’s approach is misguided, as the tariffs, intended to boost local production and increase tax revenue, are instead exacerbating investment challenges and trade barriers. These policies have led to price hikes for domestic goods, putting a strain on US households.
The analyst emphasized that while the administration’s goal was to rejuvenate US manufacturing by encouraging local production, the move has inadvertently created barriers for potential investors. This could result in unintended consequences that hinder rather than help the economy, with tariffs curtailing trade processes and providing minimal revenue gains.
Mr. Chisanga also pointed out growing indicators of a potential recession, with mounting economic concerns signaling a downturn. “The situation could erode public support, a crucial factor for the Republican Party ahead of the 2026 midterms,” he noted, adding that a severe economic slump could derail political strategies.
In conclusion, Chisanga suggested that the Trump administration may ultimately adopt a more pragmatic approach, scaling back tariffs and renegotiating trade deals. This could frame such moves as victories while addressing some of the serious economic challenges faced by the country.