BlockBeats news, on January 9, the U.S. market reacted enthusiastically to Trump's victory, but this trade eased afterward. Economist Phil Suttle proposed another scenario. His outlook shows that the more aggressively Trump implements policies such as deportation and tariffs, the greater the likelihood that the U.S. will fall into a stagflation panic in the coming years. If immigration is cut off and workers are deported, the labor force could lose all growth momentum and even shrink. Suttle estimates that, along with tariffs, economic growth could stagnate or even reverse in 2025 and 2026. Meanwhile, both labor shortages and tariffs could push prices up, potentially raising the inflation rate to over 3% annually. Suttle believes that Trump's more radical policies could exacerbate these effects. (Jinshi)