This isn't going to go away with a new administration. Global trust in the US is broken. Even this idea that things will swing wildly back when an administration changes is part of the problem. There's no going back from this, the US has permanently lost its position in the global order. Even our allies are looking elsewhere now.
I agree, which is good, because the US cannot be trusted to vote for adults (based on observations and the evidence). But punitive tariffs can go away under different governance, so some relief, but to your point, we're not going back to how things were because of the self inflicted trade harm.
