Trump’s Slow-Burn Changes in US Economic Path: Supply Lines

Throughout the first year of Donald Trump’s second term, the consistent theme has been the speed of his actions. Move fast and break the global order has been the guiding principle, an economic blitzkrieg the chosen method.

Yet all the short-attention-span policymaking hasn’t necessarily been matched by the speed of the effects. In fact, if you’re measuring the actual economic impact rather than the noise, this is a slow-burn presidency, albeit one in which some long-term trends are accelerating.

The largest and most lasting economic effects of the Trump presidency are materializing a bit like a chronic disease. ...