President Donald Trump has outlined a shift in economic strategy during his second term, urging a focus on long-term goals and citing China's '100-year perspective' as a model. He dismissed short-term stock market performance as a key indicator of economic success. Trump acknowledged that the administration's policies, including tariffs, might lead to a transition period with temporary disruptions. He emphasized efforts to revitalize industries such as shipbuilding and chip manufacturing, highlighting a $200 billion investment in chip production and increased involvement from companies like Honda and Toyota. The stock market has shown notable differences during Trump's second term compared to his first. The S&P 500 has experienced three Monday openings with losses exceeding 1% within the first two months of his second term, whereas such a decline took over two years to occur during his first term. Trump has also blamed 'globalists' for market sell-offs.