U.S. Congress Democrats' Victory Could Change Trade Policy and Public Spending, but Economic Risks Remain High

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From high oil prices and data centers to tariffs and mounting debt, economic concerns played a key role in Republican President Donald Trump's crushing defeat. Can the Democrats bring about change now?

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The categorical victory of the Democrats in the US Congress elections could lead to changes in trade policy, budget priorities and artificial intelligence regulations, but economists estimate that the impact on the US economy will be limited. High inflation, the budget deficit and the dependence of economic growth on investment in AI will continue to represent significant risks, reports CNBC.

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The categorical victory of the Democrats in the US Congress elections could change trade policy, budgetary priorities and rules on artificial intelligence, but the impact on the US economy would be limited.