Since his inauguration, President Trump has enacted controversial policies reflecting far-right agendas, leading some to label him as a fascist. However, the article argues that Trump’s focus is not on nationalistic ideals typical of fascism but rather on advancing hypercapitalism that benefits the wealthy elite, using tariffs as a tool for negotiation rather than to protect American workers. This shift in economic strategy, combined with xenophobic rhetoric aimed at diverting public discontent, highlights a departure from historical fascism while aligning with neoliberal and individualistic principles.