Trump is getting a bit tedious with the tariff threats, I'd think by now they would formalize some sort of more coherent strategy.
They are trying to achieve A LOT in the first weeks/months. Economy under Biden was running under the influence of insane government spending, so it was easy to hit 5% nominal GDP numbers when deficit spending was 7%. New administration is trying to cut the deficits and let the private sector step in and run the economy (as it should) but it's gonna be painful in the short to medium run to get the economy off the stimulants it got used to under Bidenomics. Also, we are reaching the time period when a lot of debt issued during 2020 and 2021 will have to be rolled over since average maturity of that debt was 4-5 years.
The problem is that financial markets are gonna keep applying pressure, the more they tick lover day after day, the more likely Trump is to cave in. We are not there yet, but imagine 15-20% drop in S&P 500 and there's gonna be panic stations. The US is so financialized that 20% drop in the stock market means the tax revenues would drop and deficits blow out, totally eradicating any DOGE savings.