Economics professor Panagiotis Liargovas highlighted the persistent inflation under President Biden as a key factor in voter support for Donald Trump. Liargovas noted that rising food prices have particularly impacted households, leading to frustrations with government responses. He predicts that the incoming president’s protectionist policies will include import tariffs, primarily affecting European industrial nations. Additionally, he suggests tax cuts and regulatory reforms may boost U.S. investments. Liargovas warned that Trump’s approach could challenge international trade dynamics, especially with countries like China and within the EU.