Yes. I am (grimly) amused by the "sensible" people saying that the tariff policy is good actually, but just requires some finesse and tweaking, in order to "reshore" manufacturing, whilst at the same time the government quite deliberately targets the primary source of basic research *and* education that fuels any manufacturing beyond, as one of his cabinet members happily put it, screwing the tiny screws into i-phones.
As an American university executive I'm not sure what I would do: to a large degree getting external funding for research has become a mission in itself, a leading performance indicator for researchers and V-P's of research. And I worry there might be some permanency in this: will the next Democratic presidential candidate run on "we will restore billions in funding to elite universities"?