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President Trump spent most of 2025 working from a familiar playbook. Tariffs, deportations, federal firings and vengeance campaigns were all carryovers from his first term, even if pursued more aggressively at the beginning of his second.
What Trump is doing in 2026 is different. Snatching Venezuelan President Nicolás Maduro on January 3 was probably the most audacious move Trump has made in either of his presidential terms. There was no public call for any action at all against Maduro. Trump sent an armada to the Caribbean and approved the snatch mission simply because he wanted to. If anybody warned him about wading into a quagmire that could damage his presidency, he dismissed the risk.
This is a likely template for what Trump will do for the rest of his second term. If it makes sense to him, he’ll do it. Legal barriers, criticism and even mockery won’t change his mind. If his moves end up unpopular, he might not especially care.

“There is a political revolution under Trump,” Eurasia Group president Ian Bremmer said during a
. “The United States today is, by far, the most politically dysfunctional advanced industrial economy in the world. We do not think the political revolution in the United States will succeed. We think it will fail. But we are quite confident it will get worse and more disruptive before it gets better. More things will break.”In its
, Eurasia identifies a “US political revolution” as the top global risk for the upcoming year. The research and consulting firm compares America in 2026 to the USSR in the late 1980s: “The country is careening toward something, but nobody knows what.”Trump telegraphs his priorities, and he probably intended the Maduro raid to show he plans to follow up threats with actions for the rest of his presidency. So everybody should keep in mind some other Trump ideas that once seemed fanciful but are now much more plausible:
Buying or seizing Greenland, even though it’s part of Denmark.
Bombing drug cartels in Mexico or other Latin American countries.
Letting the Cuban economy collapse by blocking badly needed aid from Venezuela.
Ditching NATO.
Backing away from longstanding commitments in Asia and other parts of the world.
The “Donroe Doctrine,” as Trump has begun to call his various plans, might seem arbitrary or random. But there are a few consistent themes:
[See
]If the Trump Revolution relies more on military might, there might be an upside: less economic warfare. Trump’s main tool for coercing other countries in 2025 was tariffs. Those import taxes backfired by raising costs at home and sending financial markets into occasional fits. They’re one of the reasons Trump’s approval rating has been sinking.
With Americans howling about affordability problems and the midterm elections coming up, Trump has been quietly rolling back some of those tariffs. “He’s going to be focusing more on the Donroe Doctrine,” Bremmer said on January 5. “And he’s going to have less of the ability to weaponize tariffs.”
[Can we undo Trumpism someday?
]There could still be serious economic risks if some of Trump’s bolder maneuvers go off the rails. Trump’s pursuit of a Venezuelan tanker in the North Atlantic reportedly put US and Russian naval forces in dangerous proximity to each other. The US military is extremely capable, but excessive military adventurism raises the odds of deadly accidents or mistakes.
Russia, China or other acquisitive nations could interpret the Donroe Doctrine, rightly or wrongly, as a signal that the United States won’t interfere if they practice mischief in their own parts of the world. If China invaded Taiwan and the United States sat idly by, as one example, it would instantly upend the global tech sector and tank financial markets.
Maybe the worst won’t happen in 2026. But it won’t be a quiet year.

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Rick Newman is an award-winning journalist who started The Pinpoint Press in 2025 after 12 years as a senior columnist for Yahoo Finance. Before joining Yahoo, Rick was chief business correspondent for US News & World Report, and before that, Pentagon correspondent for US News. He's the author of four books and a regular commentator on networks such as CNN and MSNBC.
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