This article critiques the first three months and one day of Donald Trump's second presidential term. It argues that Trump's economic policies, particularly his tariffs, have negatively impacted markets. The author points out inconsistencies in Trump's approach to the global role of the US dollar, suggesting a lack of understanding of economic complexities.
The article highlights the strain on international relations resulting from Trump's policies. It suggests his actions are encouraging allies to develop their own military capabilities and redefine the global security agenda, challenging the US's dominant role. The EU's review of military spending is cited as an example.
The author also notes negative domestic consequences, such as the impact of anti-immigration policies on talent attraction and tourism. The overall assessment is critical, suggesting a lack of effective negotiation and far-reaching negative consequences from Trump's leadership.