We unpack the economic policies of former President Donald Trump’s running mate—Sen. JD Vance (R-Ohio). Mr. Vance is a successful businessman and venture capitalist. He’s also pro-American worker and pro-union.
Former President Trump implemented a somewhat unconventional Republican economic plan when he was in office, raising tariffs on foreign goods and creating incentives for American businesses to bring operations home. Critics called it protectionist and anti-globalist. The former president called it America First. Mr. Vance has said of a second Trump term: “You’re going to see a much more aggressive approach to protecting domestic manufacturers.”
Gold continues to shine. An anticipated rate cut by the Federal Reserve is perhaps keeping prices near record levels. U.S. gold futures climbed Thursday, and the spot gold price edged higher to about $2,400 after hitting an all-time high Wednesday. Analysts are anticipating long-term gains for the precious metal. Geopolitical instability and central bank demand are adding to the positive outlook.
