All Sovereign nations have taken note, and it appears there is nothing President Trump can do to stop it.
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Trump is now saying there is 20 trillion dollars worth of new investments coming into the USA.(byo of comparison a total of 1 trillion dollars worth of new capital investments were made during the biden years.) So I’m not so sure that it matters. The aim is to return home much of the USA manufacturing base that has migrated overseas in the last 50 years. As well, the object is to first bring the trade deficit back into balance and then when the US masters the tools of the next industrial revolution—run up export surpluses.
What we’re seeing rather is a rebalancing. We’re also going to see GDP gtowth o 5% plus for years to come. Restraining federal spending is what they are doing now. The growth and the explosion in the stock market AND new tarriff revenue is going to bring trillions into the federal coffers and balance the federal budget by late 2027.
Pretty much the same thing happened in the late 1990’s. The feds under newt gingrich restrained spending while the economic growth and stock market expansion poured money into the federal government and balanced the budget.
When the stock market boom abated in 2021—the federal budget went back into deficit again. This time the boom will have more legs because there is an industrial revolution behind it.
After senile Joe’s term, the world governments see how quickly everything can change in four years. They know President Trump’s time is short.
They also know the next Democrat will abolish all of Trump’s initiatives.