Trump’s cartoon-like chaos leaves US economy on unstable course | Heather Stewart

Even the president himself conceded last week that the economy is in a “transition period” The hard data from the US economy is holding up well, but there are clear signs of anxiety.

The long-running Michigan consumer sentiment index just suffered its steepest quarterly decline since the 1990 recession.

Bessent appears to be trying to manoeuvre the president towards striking a series of deals’ with key economies.

Yet the president appears to have such a love of political drama and such an inability to choose a course.

The unknowability of future policy seems to be the very essence of Trump 2.0 .