Bloomberg: “Trump has always played his unpredictability as key to his leverage, and allies say his threatened wrath sets the US up well for pivotal trade negotiations that could decide the nation’s future. Yet the risk is double-barreled: uncertainty for governments and businesses planning complex, long-term investments, and chaos that breeds acrimony in the West Wing.”
“The dynamic is not unlike his first administration, when public disputes among his key economic personnel led to frequent reversals in policy — including on tariffs and restrictions on Chinese technology firms.”
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