"Donald Trump observed blithely last week that if his cherished tariff regime is struck down by the US supreme court, he may need to unwind some of the trade deals struck since he declared liberation day in April. It was a reminder, as if it were needed, that nothing about Trump's economic policy is set in stone. Not only does the ageing president alter his demands on a whim, but it is unclear to what extent he has the power to make them stick."
"The head of the Bureau of Labor Statistics was removed by Trump after a run of poor jobs data; the chief of the National Labor Relations Board, Jennifer Abruzzo, was fired, too. The tech bros who back Trump loathe the NLRB for its role in upholding workers' rights mandating unionisation ballots at Amazon warehouses, for example. Trump's approach is simultaneously systematic, in its determination to smash existing norms, and utterly chaotic."
Trump frequently shifts economic demands and may reverse parts of his tariff regime if defeated in court. He has used government power to demand stakes and revenues from major tech firms and pressured corporate leadership. He has publicly attacked the Federal Reserve, sought to remove central bank officials, and dismissed agency heads following unfavorable data. He has targeted regulatory bodies that support workers' rights and pursued policies that weaken environmental and labor protections. The overall approach mixes deliberate dismantling of norms with unpredictable, chaotic interventions that reshape the relationship between state and corporate power.
Read at www.theguardian.com
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