Donald Trump’s selection of JD Vance as his running mate cements the Republican party’s shift from the free-market conservatism of the Reagan and Bush eras to the economic populism of the Make America Great Again movement.
And if they win in November, the impact of the Trump-Vance economic agenda on everything from global trade to corporate taxes could be huge — and unsettling for US business and allies.
“People like JD Vance?.?.?. are just being realistic about the 21st century global economy — it has different challenges than the challenges of Ronald Reagan’s economy,” said Nick Iacovella from the Coalition for a Prosperous America, a think-tank.
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