Opinion: Why Trump’s tariff ‘medicine’ alone won’t help the U.S. become more competitive - MarketWatch
1. Trump's trade policy may significantly impact the U.S. economy. 2. New tariffs have led to a 10% drop in the S&P 500, losing $5 trillion. 3. Consumer and business confidence are declining amid rising economic uncertainty. 4. The U.S. trade deficit redistribution may not achieve target restructuring. 5. China may benefit from U.S. policy changes affecting competitiveness.