Some leaders can do what Donald Trump has done in his first 100 days in office: unwind the world, depress consumer expectations, and deteriorate the American reputation all at once. His price blitzkrieg, inconsistent comments on Russia and Ukraine, and growing pressure on the Federal Reserve have created an air of uncertainty that hasn’t been seen since the crisis or previous global financial crisis.
According to files, consumer confidence in the US is declining, inflation expectations are rising, and hospitality is experiencing a sharp decline. Business optimism across sectors is now stifled by doubts over promises of deregulation and progress. Allies worldwide find little consistency in Washington’s foreign plan: Trump’s shifting rhetoric toward Putin and Zelensky unites both Eu rope and American citizens, who are now skeptical of his foreign interventions.
The US appears to have lost some of its stability after being considered the most secure de mocracies. It runs the risk of becoming” the most destructive, kleptocratic, and oppressed” of the business world, as one pundit put it.
If the first 100 times are any guide, it’s not more whether Trump will restore America’s greatness, but how much of that damage will be exported.
