In two more, possibly less, the current administration will be gone. The Trump agenda will be dead in the water by the end of this year.
While I basically agree with you, I wonder how quickly people will forget.
It looks more like part of the new normal from the outside, and that's why things are changing. A country can't go from reliable to unreliable partner every 4 years without any consequences.
As to what happens post-Trump, it's anyone's guess. I expect a hard reset. Markets have short memories, as they say.
In any case, for everyone else, it's the second time in 10 years that they have to play the waiting game until it's over. It's good to be optimistic, but when you're in charge of a country, you can't just plan for the best and rely on hope alone. Same if you run a company or and even with services you as individual use.
Regarding memories, I don't know about the markets, but in Europe I think it will take a few years for everyone to forget that in 2026 Denmark had to transfer blood reserves to Greenland and that different European countries deployed tripwire forces because of... the US of A. Do you know who triggers similar responses? Russia, when they start saying that their borders are fluid.
Frankly this already started under GW Bush from my perspective and just has gradually gotten worse.
I don’t think you can unboil a frog that quickly. This will take many years to resolve / build up trust again.