Candidate Donald Trump ran on an agenda of sweeping economic and regulatory reform that – if the policies work – will radically transform and energize the U.S. economy, lower costs and taxes, boost productivity, help businesses grow, raise wages, and increase the standard of living.
As president for a second time, Trump is already working on fulfilling those promises. A wide range of tariffs will likely rebalance foreign trade and make manufacturing in America more competitive. Deep government spending cuts and regulatory rollbacks promise to make business easier and less expensive. New economic policies aim to reduce interest rates, inflation, and the cost of goods and services.
It's a lot. Whether any of these policies and changes will improve an economy that is already outpacing the rest of the world remains to be seen. Economists and policy watchers are divided. While experts say some of Trump’s policy proposals make sense, others worry about overstimulating the economy or curtailing growth through regressive acts, such as curbing immigration.
The channel is not sitting on the sidelines in this economic debate. In a recent survey of 281 partners, Channelnomics found that most partners – resellers, integrators, and managed service providers – believe Trump’s presidency and economic policies will be good for the economy. Only one-fifth of partners say Trump will have a negative impact. One-third say Trump will have no effect on the economy.
Most channel partners expect their gross revenue to increase in 2025, regardless of their views on Trump’s economic policies. This optimistic outlook is consistent across all three cohorts: those who think Trump is good for the economy, those who believe he’s bad, and those who think he’ll have no impact.
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