Donald Trump's return to the White House with his protectionist policies poses threats for the global economy, with the prospect of new trade wars, resurgent inflation and slower growth, experts say.

Donald Trump’s decisive win of the US presidential election has world leaders already preparing for how his next administration will shape the global economy.

A recent KPMG analysis contends that if all of Trump’s policies are implemented, Australia’s economic growth would be between 0.8% and 1.5% lower than it would otherwise have been: a projected loss of between $19 billion and $36 billion.

All through the election season, Republican Donald Trump consistently outpolled Democrat Kamala Harris on the issue voters said they cared about most — the economy. Trump, the one-time Manhattan real estate mogul-turned reality TV persona,

The ripple effects of President-elect Donald Trump’s win are already being felt throughout the U.S. economy as, experts say, his policies could have mixed results.