The US vibe shift and its global impact

With the threat of a new trade war hovering over its head, the world is trying to figure out how to deal with President Donald Trump’s second presidency. The day after he was sworn in as the 47th president of the US, a panel of experts at the World Economic Forum (WEF) in Davos were discussing “how the global reception to his second presidency ran the gamut from excitement to fear”. Whether afraid or excited at the prospect of a second Trump term, they contended, people should be aware that it represents a significant change in the global post-war economic order. One panellist used the term “vibe shift” to describe President Trump’s inauguration day. Something new and strange is happening, another said. The fact that Donald Trump has staged “the greatest comeback in [the US] political history” means the new president “thinks he can do anything”, he said.