There’s One Thing Trump Could Do To Turbocharge The Global Economy And Crush Inflation

Photo: Liberation Day, President Trump at the Make America Wealthy Again Event – April 2, 2025. Photo credit: The White House via Flickr. US government work. Article by Diccon Hyatt. Investopedia – December 21, 2025.

President Donald Trump could invigorate the global economy and stamp out inflation quickly. All it would take would be scrapping his signature economic policy. That’s according to an analysis this week by Daniel Harenberg, lead economist at Oxford Economics, who found that a reversal of the tariffs Trump imposed this year would drive the global economy to grow at a rate of 3% in 2026 and 3.4% in 2027, compared to 2.7% and 2.9% if there’s no change. That’s a boost of 0.5 percentage points per year, all while reducing inflation for U.S. consumers. […]

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