Geopolitical Consequences of the US-China Economic War.
Trump’s second term, marked by escalating policy errors, has triggered economic and political tsunami’s at home and abroad.
As his 100-day mark passes, economic indicators are plunging, consumer and business confidence are at historical lows (University of Michigan), unprecedented market volatility is crushing people’s 401k’s, rising inflation is pummeling the poor and middle classes.
The damage is reflected in his falling poll numbers, criticisms from financial supporters, and even the pro-Trump press.
Internationally, his radicalized tariff policy has alienated neighbors and allies, fueled trade wars, and eroded global trust.
The economic fallout includes slowing GDP (Bureau of Economic Analysis) and potential stagflation/recession. The plunging dollar, driven by rising federal debt (US Treasury), is amplifying tariff costs for consumers, exacerbating existing inequalities (Pew Research).
Attacks on the Fed have destabilized bond markets; the growing debt and dollar devaluation will force interest rates up, regardless of Fed actions.
In short, a mess of monumental proportions. Trump and his minions have broken everything they have touched but haven’t fixed anything.
The damage is done, and points to prolonged economic uncertainty for America and the World as Trump’s policies depress global demand and increase the chances of civil conflict domestically and internationally.
In what will viewed historically as a massive bluff, called by China, resulting in Trump blinking, Beijing now has the unenviable task of being the adult in the room and dealing with an eleven year old playground bully who is intent on taking anybodys lunch money.
Source: Asianarratives