Part 7/10:
As Trump embarks on his second term, the framing of foreign trade as a “war” is likely to persist, especially in the context of China’s regulatory strategies that critics argue undermine fair competition. However, Trump’s ability to unilaterally impose tariffs without facing significant pushback appears to be limited. An examination of Trump’s past and his administration's reactions reveals a balancing act, as he must navigate both the aspirations of American workers and the implications for the stock market—a barometer of economic perception among voters.