The stock market dropped sharply in response to the tariffs, but Trump has been signaling his intentions for years. This should not have come as a surprise to anyone. Trump is focused on creating jobs so expect more tariffs to come down the pike. Trump is trying to do what Reagan did when he was in office, which was to impose tariffs on Japanese auto manufacturers to force them to build manufacturing plants in the U.S. It worked and can work again. I expect the Chinese to retaliate so there may be some turbulence ahead, but the U.S. is in a good position.