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How Trump agenda, from budget cuts to tariffs, is changing battle between U.S. states for business

1. States less reliant on federal aid may thrive economically. 2. Tariffs disrupt trade in states reliant on international trade. 3. New opportunities emerge in AI, quantum computing, and defense sectors. 4. States facing tariff risks vary greatly in their economic stability. 5. Economic factors, including infrastructure, impact business competitiveness in 2025.

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FAQ

Why Bullish?

Positive trends in domestic manufacturing and economic adaptability suggest growth. Historical examples include post-financial crisis rebounds driven by domestic investment.

How important is it?

Economic development policies will shift corporate investments, impacting S&P 500 profitability. Companies in manufacturing and tech sectors may feel immediate impacts.

Why Short Term?

Immediate shifts in state competitiveness will influence Q2 and Q3 market performance. Past studies show quicker responses from markets reflecting state-level economic changes.

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