The decline of the U.S. regime may have just begun on a scale that is rare in modern history. Donald Trump advocated his mission as U.S. president to start a global trade war that he didn’t know how or when it would end. When he negotiated in the way of a businessman, he wanted to be the sole beneficiary of the deal, even because its main rival China could match it, the U.S. was quickly losing friends, which took a revolt against the incredible 104% tariff barrier.
For friends like the United States who need enemies, it is likely that the EU concluded that the EU is a group of countries whose exports are far from a far cry from a paltry $587 billion in 2024. Over the decades, the rest of the world may have been trading with the U.S. in the U.S. for decades, with these $ favorable tariff terms and adulthood. It was an attempt to undress economic history after World War II, and Trump had ruined his life in the United States and the rest of the world, which Trump made a mistake.
China is the biggest example of a country joining the World Trade Organization (2001) and enthusiastically breaking the rules to develop its economy into one of the most powerful people in the world. Now, it can stand economically and technically, except for a military force that cannot be ignored.
If Trump’s main goal is to assume and tame China, he then stumbles upon dragging the entire world trade into it. Even the most determined allies like Japan, South Korea and the EU are not ready to step in and help the United States bring China into the negotiation table.
Instead, U.S. tariffs may drive affected countries to embrace dragons more.
The Boss globally may plummet like crazy, and the US market alone loses $5 trillion in value as they try to understand the destruction of the world trade order, but they are just an index of the destruction caused by Trump. Smart economists, including those who advise Trump, may foresee a quarter of tariffs from protectionists, Peter Navarro, the imposition caused by Peter Navarro through mutual tariffs. Even Elon Musk’s suspicion of this manic war seems to be shaky.
The biggest fear is the recession in the world’s top economies, and signs of oil prices collapse are already obvious when production rises rapidly. Price drops threaten producers, including U.S. ally Saudi Arabia. If tariffs are just the key to negotiations, then maybe the world will eventually come out of this slot. But if they are permanent, Trump doesn’t seem to know that they will inevitably send the global economy to the tail, and Americans will feel the pain of the trap or worse in the recession.
Compassion is that all of this is self-inflicted volatility, just as the global economy is recovering from its common lows. Countries, including India, hope to sew bilateral trade agreements before tariff cuts are too large, have been scrambling to curb damage caused by major damage, which they are trying to bring the functional style of his barnstorm storm stormestort-style real estate tycoon to live with the world economy driven by Cliff.
