There are two related theories of what Donald Trump’s dramatic revision of the global trade system is intended to accomplish.
Manufacturing jobs and infrastructure have shrunk since the 1970s, and it would take years to raise them back up.
From clothing retailers who get all of their production from heavily tariffed Asian countries, to bakers whose pastries depend on newly levied imported vanilla, to the tech companies whose batteries need the minerals China just cut off in retaliation, this weekend will be a scramble to figure out how to survive the new world order.