President Donald Trump is in the early stages of executing what some are calling a “Great Reset” of the U.S. economy. Tariffs are one of the president’s tools of choice with a goal towards spurring a domestic manufacturing revival. According to the administration, achieving that goal has economic and national security considerations.
That said, the long-term payoff will take years. However, investors are already seeing some impact from the policy shift. Commodity demand is higher as companies pledge to build out infrastructure in the United States. Also, trade conflicts frequently create currency swings. To that end, the dollar just had its worst first half of the year since 1972.
