Implications for the Economy & Property
Trump 2.0—The First 100 Days explores the early economic and commercial real estate implications of President Trump’s 2025 policy agenda. Building on our analyses of the First 100 Days from the last two administrations, this series of reports examines critical developments in trade policy, tax reforms, immigration, and other policy priorities.
The report provides a comprehensive overview of how these policy adjustments could reshape the global economic landscape, covering regions from the U.S. and Canada to Asia-Pacific (APAC) and Europe, the Middle East, and Africa (EMEA). Particular emphasis is placed on the heightened uncertainty within the APAC region, stemming from potential modifications to U.S. trade, taxation, and deregulation policies, which could influence global economic stability. Although entering 2025 with solid momentum—driven by robust domestic demand and stable real estate investments—the APAC region still confronts diverse impacts from these policy changes. This introduces a risk of moderating growth momentum as businesses increasingly adopt a more cautious approach to decision-making.
