Trump has been paralyzed on healthcare and tax reform, but his administration has been active in eroding safeguards and protections elsewhere
Business and the economy
Given all that Donald Trump promised the business world during his bombastic campaign, it’s tempting to dismiss the president’s first six months with a “meh”. It would also be myopic.
While protesters are worried about the future, the president has so far failed to pass his tax reforms, which business wanted. But at the same time fears that his China rhetoric, threats of trade wars and tweets about penalties for US businesses who ship jobs overseas, have not amounted to much.
The economic trends started under Obama have continued: stock markets have continued their giddy ride to uncharted highs, unemployment has continued to drift down and interest rates have remained low.
Trump’s overture may seem a little weak, but the president has already made significant moves and still more may be happening in the wings.
