President Trump has openly aimed to dismantle the existing global economic system, and within just 100 days, he has made significant strides toward this objective.
His administration has ignited trade disputes, abandoned international agreements, and cast doubt on the United States’ commitment to European defense. Simultaneously, the dismantling of key governmental structures that provide economic expertise is underway.
Although these transformations are profound, global dynamics continue to evolve. The upcoming midterm elections could weaken the Republican hold on Congress, and the president’s term is constitutionally limited to four years. This raises questions about whether a future administration could reverse these policies.
Similar to how long-standing institutions can be undone, geopolitical shifts can also be rolled back. Yet, experts in history and political science suggest that some of the changes initiated may prove difficult to fully reverse.
One such lasting impact is the degradation of trust in the United States, a valuable asset built over many decades.
Ian Goldin, a professor specializing in globalization and development at the University of Oxford, notes that the core supporters of the 'Make America Great Again' movement and figures like JD Vance will persist beyond Trump’s tenure. The underlying issues of growing inequality and economic insecurity that fueled this movement remain unaddressed. Globally, there is ongoing concern that a similar political figure could emerge in the future.
