How Donald Trump Makes Major Promises to Big Business

Since his election to the presidency, Donald Trump has focused a large part of his program on economic recovery and support for large American businesses. Through signature promises such as cutting taxes and renegotiating trade treaties, Trump has sought to attract the attention and support of corporate giants. In doing so, it has raised both enthusiasm and skepticism among key economic players, creating an ever-changing landscape in American business.

Tax reform: A major promise

At the heart of Donald Trump’s promises is his famous tax reform. After a close vote, the Senate approved a law that substantially reduces taxes for businesses and individuals. This massive reduction is seen by many as an attempt to stimulate the economy by increasing profits for large companies. In theory, these savings should allow companies to reinvest in the U.S. economy, creating jobs and boosting the market. However, critical voices are being raised, questioning whether the gains obtained will really go towards the reindustrialization of the country, or simply strengthen dividends for investors.

Renegotiation of Commercial Treaties

In an era marked by globalization, Donald Trump has adopted a protective approach by calling into question several previous trade treaties. Showing open skepticism toward agreements such as the Trans-Pacific Partnership (TPP) and NAFTA, he set about renegotiating to better protect American interests. The stated objective was to obtain more favorable terms for the United States, allowing large companies to benefit from a fairer market. For the president, it is essential to ensure that trade agreements do not handicap American companies compared to their foreign competitors.

The Call to NATO Allies

Although more concerning the foreign policy, Trump’s demand for NATO allies to increase their financial contributions has an indirect impact on the US economy. By easing the United States’ burden within the alliance, Trump hopes to free up financial resources that could potentially be injected back into the domestic economy. Many observers wonder whether this can actually give a boost to big business or just be part of a broader political strategy.

The Strategy of Chaos

There chaos strategy, a term often associated with the Trump administration, often involves seemingly disorderly actions but with an underlying purpose. By disrupting established norms, Trump has sometimes been able to take advantage of uncertainty to obtain favorable concessions from major world powers. For large companies, the apparent benefit would be the creation of new, previously inaccessible business opportunities. However, this approach has its critics, who point out the risks inherent in unpredictable diplomacy.