Pakistan, Nov. 23 -- Donald Trump's return to the White House in 2025 could mark a seismic shift in global economic dynamics. His anticipated policies, from trade tariffs to deregulation and tax adjustments, would likely influence international markets, trade relations, and monetary policies, which are being widely debated by experts across the globe.

A renewed focus on protectionism under Trump could strain international trade. Proposed tariffs on imports, particularly from China and the European Union, could raise the US effective average tariff rate to 4.3 percent, the highest since the 1970s. This could shrink US and global GDP by 0.5 percent and 0.2 percent, respectively, in the first year, and even more under a stricter tariff regi...