What is the economic impact of the election?

Money Making Sense

Now that we know who our next President will be, a lower inflation rate is not a guarantee. That's according to Senior Economist Robert Spendlove with Zions Bank. He says ecoomic theory dictates increasing tariffs -- which President-elect Donald Trump plans to do -- means higher inflation. He does say one of the biggest issues for next year's Congress will be taxation.

Susan Speirs, the CEO of Utah Association of CPAs, says the hope Trump has is that manufacturers will return the United States if tariffs are imposed, but right now they appear to be leaving China and going to Vietnam.

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