Cover Story: Trump 2.0 Means Reboot of Aggressive Tariff Policy Toward China

At around noon on Jan. 20, Donald J. Trump will once again stand outside the U.S. Capitol, place his hand on a Bible and recite the oath of office, this time becoming the 47th president of the United States. His remarkable comeback, punctuated by a resounding electoral victory on Nov. 5, marks the first time in 132 years a former president reclaimed the White House after a term away. But as the 78-year-old Republican prepares to lead a deeply divided nation, all eyes are on the critical decisions shaping his second-term agenda—starting with the assembly of a cabinet and the rollout of aggressive trade policies toward China.