The president thinks he can return America to manufacturing glory — but the cycles of economic history are hard to break.

It’s not just Trump’s trade-destroying tariffs, erratic shifts in policy, and fiscal recklessness. Look at the rule of law—or lack thereof.

President Trump is changing his tune on the economy, suggesting Americans should buy less and will probably pay more and bear the brunt of an uncertain economic landscape as his wide-ranging tariff policy takes effect.