Protectionism is the tried and true path for a country to develop... text book example was Japan. But there is a BIG BUT.... that path is trodden by small economies surrounded by big and robust economies..small economies which don't particularly matter at the time. The US is fully 1/3 of the World's economy... when they play the trick everybody notices and will scream.
Imo ...Trump blundered badly from day one when he took the US out of the TPP because he created a political vacuum perfectly tailored to China's needs. In recent years China has replicated all of the dubious institutions perfected by the West to ensnare smaller economies in debt traps...and now, as @Ophir refers to above, is about to replicate the petrodollar and garner the economic advantages that goes with that.
What the US needed now is inspired leadership... a genuine statesman. Trump is a member of the 'twitterati' and that is about as far as it goes.
The Brains Trust, page-10133
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