- I don’t think this is biggest trade re-set since 1935
 - The biggest trade re-set was the China trade shock.
 - Regulation pushed US manufacturing offshore.
 - $300 billion is a good start for annual tariff revenue estimate.
 - There’s a chance 2026 tariff revenue could be over $300 billion.
 
There’s nothing new here.
This article was written by Giuseppe Dellamotta at investinglive.com.