The Economic Ripple of the Trump Trade War

This chapter analyzes the far-reaching economic effects of the Trump trade war, particularly the 50% decline in shipping activity at West Coast ports and its impact on supply chains. It discusses the potential job losses in affected industries, acute price increases for retailers like Shein, and the stressors on U.S. financial markets. The conversation also highlights the broader implications for America's status as a reserve currency and the need for structural improvements in domestic manufacturing.