Qualified Opinions Donald Trump’s Second Act: What to Expect
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Jan 27, 2025 
Dominic Pino, a Thomas J. Rhodes Journalism Fellow and host of AIER’s Econception podcast, dives into Donald Trump's much-anticipated second term. He discusses the implications of Trump's new approach to policy and the internal dynamics of his team. The conversation highlights economic contradictions in tariff policies, the complexities of American manufacturing, and the controversial nature of executive orders. Pino also addresses concerns over presidential pardons and the economic challenges that lie ahead.
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Trump's Second Act
- Trump's second term may differ from his first, focusing on addressing perceived past wrongs.
- His transition team appears better organized, suggesting more deliberate planning and coordination.
Tariff Trouble
- Trump's promised Day 1 tariffs haven't materialized, highlighting the difficulty of implementing campaign rhetoric.
- His contradictory tariff goals will force him to prioritize, with the final outcome uncertain.
Contradictory Tariff Goals
- Trump's tariff goals are inherently contradictory, making it impossible to achieve them all simultaneously.
- He aims to raise revenue while reducing the deficit, protect domestic industries while attracting foreign investment, and these aims clash.