By Reva Goujon
As U.S. President Donald Trump approaches his 100-day benchmark on Saturday, a media deluge has already begun bemoaning the demise of the liberal order, celebrating waves of deregulation or simply blaming the president's rocky start on the "disaster" he inherited on taking office. Rather than wade into that predictable morass, we prefer to focus instead on what the next 100 days hold in store.
A Slippery Slope in Trade
Trump is often described as a "transactional" president who sees the world as one big negotiating table where he can leverage his business experience to exact better terms and conditions for American workers and corporations. Trump will therefore try to keep his core agenda focused on what he regards as his sweet spot: U.S. economy and trade. But even though the domestic economy may be the thing closest to the president's comfort zone, it's also where he comes up against a wall of institutional barriers. As a result, his much-touted tax overhaul attempting a steep reduction in the corporate tax rate will remain gridlocked in congressional battles over health care and the budget.