In the ongoing saga of American politics, last week marked what many are now calling the “Donald Trump Trade War,” a dramatic six-day encounter that sent shockwaves through Washington, D.C., and beyond. The cartoonish chaos that ensued was nothing short of a spectacle, where Democrats and media elites seemed to overreact in unison. Their exaggerated responses painted this moment as a historic event on par with wars and major global crises, despite it only lasting a fraction of the time of the Cuban Missile Crisis.
As the world holds its breath and the stock market experiences the inevitable ups and downs, one thing stands out: the supposed devastation predicted by mainstream media simply didn’t materialize. In fact, the market is currently where it was a year ago, defying those forecasts of doom and gloom. CNBC had gone so far as to suggest an imminent 22% drop, which turned out to be one of those classic “Oops, we spoke too soon” moments. Instead of a disaster, Trump’s approach has been to leverage American interests, leading to surprising offers, including a zero-for-zero tariff deal from the European Union.
For those who may have forgotten, America has long struggled with a trade imbalance, particularly concerning China, who have benefitted from a significant trade surplus for decades. Trump’s administration is evidently prepared to tackle this head-on, making strides toward a fairer trade landscape, something that has eluded presidents for 40 years. Unlike the broken promises of past administrations, Trump’s willingness to take a gamble on American trade could turn the tide against countries that traditionally take advantage of U.S. generosity.
While some might have clutched their pearls over the prospect of a trade war, it’s essential to remember that it could bring about a much-needed re-evaluation of how America interacts with the rest of the globe. Over the last few weeks, there has been a noted difference between Trump and his predecessors, particularly Joe Biden. While Biden’s actions are often perceived as lacking a clear focus on American prosperity, Trump’s agenda seemingly prioritizes everyday Americans over big businesses and Wall Street.
This time, the battlefield is not a foreign land but the negotiating table, and countries are scrambling to make a deal with the U.S. According to Trump’s son, the smart money sits on the negotiator who strikes first. There’s an air of excitement and tension as nations recognize the stakes involved in these negotiations. Countries that once relied on America’s naïve compliance are finding themselves adjusting strategies on the fly.
While Trump is forging ahead with aggressive trade policies, it seems some Republican establishment figures are doing their best to quietly undermine him. Publications like the Wall Street Journal, which historically leaned conservative, are beginning to inch leftward, sowing doubt about Trump’s influence and capability. It’s interesting how the ownership of media outlets might sway their reporting, as Rupert Murdoch’s son, James, certainly appears to bring a different ideological perspective to the table. After all, anyone suggesting that Kamala Harris would have made a good president might not be the best arbiter of what’s good for America.
As the clock ticks on this trade war drama, one can only imagine the dialogue that will unfold in families across America, recounting where they were during these tumultuous six days. History may look back on this period as a time of bold moves, scathing criticism, and a deepening divide within the Republican Party. In the end, only time will tell how these policies shape not just the economy but the political landscape as a whole. For now, Republicans and the American public can only wait, watch, and hold their breath, eager to see what surprising twists lie ahead.