This unvarnished take/news alert just popped up on my screen:
Some gem quotes from the article:
"Profound, harmful, and unnecessary." "Deluded." "Flat-out nonsense." "Pathetic." "Catalogue of foolishness."
THAT is how you journalism.
But also look at the last paragraph, which is more matter-of-fact. It offers the rather obvious strategy for every other player in the game: start playing the game by treating the US as a relatively minor player (which, on a global scale, it is). Within 5 years, the rest of the world can undo the damage done to THEM, and be well on their way to a prosperity that really doesn't depend on the US at all. What Lord Dumbass doesn't realize is that another way for the other parties to deal with the new "trade balance" where Trump wants a big F you to all of them, we will buy ZERO from you....is for them to buy ZERO from us.
We are not going to see increases of US exports to "make things even" with the (former) level of imports from other countries. Instead, as his policies result in lowering imports from other countries, we will reach a new balance (a low one) because we will also see drastically lower EXPORTS to those countries. Bottom line, to the extent that elements of our economy are driven by selling things to other countries....be prepared for that to dry the fuck up.
Like a kid on the playground who screams and hollers and smears shit everywhere if he doesn't get his way, the best and most obvious path forward for the other kids is to just go play without us. Sure, we sneer and say "but we have the best toys, and now you can't play with them." The other kids shrug, gather up the toys they do have, and leave us the fuck behind. Because we're a little fucking spoiled asshole, and literally everyone else on the playground will be better off to leave us to stew in our own shit rather than have to deal with us any longer.