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Is he going to go way overboard?
I don't think he will but people will narrate that it's so.
Will the tarrifs be semi reasonable?
I believe they will.
Will he stop creating uncertainty in the market?
No. Because "the market" is Wall Street and they're sacrificing that "in favor of Main Street", which means chaos. (I'm having trouble finding the Fox & Friends episode where this was stated last month - does anyone have it?)

On that note, if you combine this with more than a handful of my friends/relatives in Europe currently actively pursuing what they call deamericanization - which generally means getting rid of all Apple, FB, Google and MS stuff because that's easy - the effects of that won't show up on trade balances because it's not so much goods but services, digital services in particular, where America reigns in the rest of the West. They're gonna hurt though, and if we can push a bunch of Euros to use FOSS then the world has a chance of getting a little better.
Never. Bend. The. Knee.