As Trump returns to the White House, media and the public are scrambling to understand how he will govern. His undeniable comeback has once more disrupted political norms. Over the past nine years, Trump has ruled through executive orders and social media. Politically, the rivalry between establishment and anti-establishment factions has become a new paradigm in US politics.
Trump has nominated a slate of unconventional candidates to lead federal departments, aiming to recalibrate the balance of power among Washington’s key institutions. This strategy gives his administration more autonomy in crafting a comprehensive domestic agenda with fewer constraints, enabling him to fundamentally reshape the federal government and rewrite institutional norms.
During Trump’s first term, the world was relatively stable, with historically low interest rates and a favourable geopolitical environment. However, most experts interviewed by Caijing predict that his second term will bring greater uncertainty, both for the US and the world. Today, two major regional conflicts show no signs of resolution, geopolitical competition is intensifying, the global economy remains sluggish, and artificial intelligence is driving transformative technological disruptions. How Trump addresses global challenges, and how the world responds to him, will be unprecedented tests.
