Donald Trump is hijacking the tariff strategy his party wrote – and Washington, and Wall Street, are in turmoil

Open this photo in gallery: Photo illustration by the Globe and Mail/iStockPhoto / Getty Images In the run-up to the 2024 U.S. presidential election, the Heritage Foundation, a deeply conservative think tank in Washington, D.C., put together a transition bible for a Republican president, something they called "an agenda prepared by and for conservatives who will be ready on day one of the next administration to save our country." Scores of policies were proposed in Project 2025's 900 pages, including a tariff strategy for "fair trade." The author of this section, Peter Navarro - the architect of Mr. Trump's first-term…