Trump is trying to turn 80 years of prosperity on it's head for the sake of US Jobs. You may think that is no bad thing. Protectionism is, however, recessionary and inflationary.
Stuff in the US will cost more and even if it can be made in US it will cost more because that is why the work went abroad in the first place.
So hold on to your hats.
Stock markets don't like change. Well this sort of change at any rate. They like stability. It is just possible that the world economy will cope and find new markets or just cope with the old.
We will have to wait and see.
I dont have much faith in US politics however.
Winston Churchill is famously quoted as saying
"You can always expect the United States to do the right thing...but only after they have tried everything else"
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