Trump’s actions were neither ‘spur of the moment’, nor whimsical. The ‘tariff solution’ had been pre-prepared by his team over years.
The Trump ‘shock’ – his ‘de-centring’ of America from serving as pivot to the post-war ‘order’ via the dollar – has triggered a deep cleavage between those who gained huge benefit from the status quo, on the one hand; and on the other, the MAGA faction who have come to regard the status quo as inimical – even an existential threat – to U.S. interests. The sides have descended into bitter, accusatory polarisation.