Trump had one major legislative “achievement”, and that was tax cuts the majority of which benefitted the wealthiest 1%. It added trillions to the debt. It also artificially inflated the stock market, as big corporations used the money to enact stock buybacks, inflating their share prices.
Some other impacts:
The iconic company announced that it was slashing hundreds of jobs despite expecting to reap huge benefits from the new tax law.
The TCJA 2 Years Later: Corporations, Not Workers, Are the Big Winners
Two years later, however, business investment is actually declining. Factory closings and mass layoffs have not ended. Wage growth is tepid, despite the continuation of the economic expansion that began 10 years ago, and gross domestic product (GDP) growth is slowing and projected to revert to its long-term trend or below.
Since he only had one legislative “achievement”, what did trump accomplish by executive order?
He enacted a muslim ban, which is an unconstitutional religious test that the right wing supreme court thought is ok.
Trump started a trade war with china, with the supposed intent to reduce the trade deficit.
Manufacturing activity fell to its lowest level in more than a decade, a sign of fallout from President Trump’s trade war.
Did trump’s trade war impact the trade deficit?
2016, obama’s last year: $735 billion trade deficit
2017, trump’s first year: $792 billion trade deficit
2018: $870 billion trade deficit
2019: $846 billion trade deficit
2020: $901 billion trade deficit
Sure doesn’t appear to have worked magic on the trade deficit. However, it looks like Biden’s policies have.
Of course, none of the terrible results from trump’s economic policies should be a surprise. Economists warned us.
Some economists say Trump’s plans for curtailing decades’ worth of global trade networks could produce recession-triggering levels of inflation.
If you ignore EXPERTS to side with an ignorant, illiterate conman who doesn’t know a damned thing about the economy, you should expect poor results. And that dumb pos has us in recession in just 3 years, right before covid.