Economies don’t change because there was a transfer of power, they’re slow moving. He inherited stable economies from Obama and Biden, just like Obama inherited a shit show from Bush. We’ll see how this plays out, but if the last 4 or 5 decades are an indication, Republican polices are bad for consumers. Trickle down economics don’t work and the richest companies and individuals are getting another tax cut.
For the record, I don’t actually think he’s trying to start a trade war, this is just his opening bid strategy to negotiate a new trade deal with Canada and Mexico. He just happens to be a fucking moron, so it could go sideways at any moment. And if he does start a trade war, the only thing he’ll accomplish is bumping China up the geopolitical power ladder.