Re: US-China economy war + radical Trump = higher inflation + interest rates + war
I always thought that in big and strong countries like the United States is, President or any other major political figure doesn't solely make any decision but now I don't really know what to think, what's reality. If Trump really decides everything on his own and doesn't get permission from big guys, that's very strange and doesn't make sense to me because businesses support the President in the USA and the President has to fulfill some of their requests.
It is worth knowing that just because we see a certain decision to be stupid, it doesn't mean they see it as stupid as well. Most of the times they actually think what they're doing is the right move!And provably Trump see this and one of his Intention is to leave a statement that US is a strong country that they need to obey. But to bad he maybe didn't calculate well the risk especially that they didn't foresee the possible effect of this implementation especially if there's country like China will fight back on the actions they have do.
All these stupid moves helped the world believe that the "Emperor Is Naked" and was naked all this time! 
I want to answer your "Emperor Is Naked" quote but I don't know what to say. Is that something new? Especially in modern era when we have access to the technologies? I think that the world already knew it for a long time, it doesn't need further believing.