Trump’s Dilemma: Inflation vs Protectionism

In his second term, Donald Trump faces a critical economic crossroads: whether to prioritize inflation control or advance his protectionist agenda. His administration’s conflicting goals of fostering non-inflationary growth while imposing heavy tariffs highlight a fundamental policy contradiction. With Scott Bessent’s ambitious “3-3-3” plan promising balanced deficits, robust growth, and increased energy production, the stakes are high for determining whether Trump’s legacy will be defined by economic stability or the unintended consequences of his trade policies. This is a long article that I’ve been working on for a number of days, reader beware.