Is the Trade War a Class War?

With budget deficits exceeding 5% of GDP, the trade deficit making new highs, and political populism creating risks to the modern American social contract, the US socioeconomic climate is fraught with risk. For better or worse, Trump’s trade war is to attempt to reverse many of these problems and attempt to create a new more stable economic order. It’s a high-risk/high reward strategy whose success is to be determined.

The question I’m addressing in this email is if what if the trade war is not entirely about a conflict with trade partners and geopolitical rivals, but instead a class war. Even though protectionism is net negative for growth, it could end up a win for the working classes, younger Americans, and those living in the heartland on a relative basis in terms of wealth and status over coastal populations, older investors, and white collar professionals. I explore this angle and try to determine how much the decision to institute tariffs, and the demographic patterns of their support/opposition reveal a hidden class conflict.

Related Media:

Is Trump’s Trade War a Class War:

Is the trade war a class war? Everyone thinks Trump's tariffs are about punishing China. But what if this battle is just another front in class conflict? In this video, we break down how the trade war functions as a class war and attempts to rewrite the rules for American labor. From Robert Lighthizer’s strategy to the Wall Street backlash, we show how tariffs became a weapon in the battle between capital and labor.

Tariff and Trade Chaos Livestream Part 2: 90 Day Pause Now What?

Due to so much changing news on the trade war and popular demand, I did a second livestream on Friday following up on the previous conversation now that all countries excluding China have received a 90 day reprieve from the most punitive tariffs.

Are you wondering how the tariffs impact your investments?

I offer complimentary 15-minute consultations where I’ll share how my firm, Spearhead Advisors, can help you with your investments, wealth management, macroeconomic consulting, and/or financial planning needs. This is a great opportunity to dive deeper and see how I can help you achieve your financial goals.

Click the link below to schedule your consultation. Be sure to provide some context so I can offer the most valuable advice tailored to you.

If you like the content that I share on this list, please share these posts with your friends and colleagues.

Disclaimer & Disclosures:

Spearhead Advisors (“Spearhead”) is a registered investment advisor registered in the State of California and in other jurisdictions where exempted. Registration does not imply a certain level of skill or training. This communication is for informational purposes only and is not intended as tax, accounting or legal advice, as an offer or solicitation of an offer to buy or sell, or as an endorsement of any company, security, fund, or other securities or non-securities offering. This communication should not be relied upon as the sole factor in an investment making decision. Investment in securities involves significant risk and has the potential for partial or complete loss of funds invested. It should not be assumed that any recommendations made will be profitable or equal the performance noted in this video.

Past performance is not indicative of future results. Anything in this channel is for informational and educational purposes only and is not investment advice. All information contained herein is based upon information available to the public. No representation is made that it is accurate or complete. No mention of a particular security, index, derivative, or other instrument on this channel is an offer to buy or sell or a solicitation of an offer to buy or sell the securities mentioned herein, nor does it constitute an opinion of the suitability and appropriateness of investing in any financial instrument. Please consult your investment advisor and do you own research before making any trading or investment decisions