Investors have been caught off guard by the president's unpredictable protectionist policies. Concerns over potential restrictions on moving money overseas have led wealthy Democrat families to transfer large sums of cash out of the US as a precaution against the Republican administration.

Robert Paul from London and Capital noted that there has been a noticeable increase in wealthy clients moving money out of US brokerage accounts into accounts in countries like Switzerland, Jersey, and Guernsey. The move is driven by fears of potential capital controls and the need to safeguard funds against the changing rhetoric of the US government.

Although President Trump has not explicitly mentioned imposing capital controls, investors are uneasy about his inconsistent policy decisions. There is speculation that the administration might consider capital controls as part of its efforts to weaken the dollar and address the trade deficit.

As a result, a growing number of affluent individuals are looking into options to move their money out of the US, with some considering investment migration strategies or simply opening bank accounts in countries like Switzerland and Liechtenstein.

This wave of financial movement reflects a lack of confidence in the stability of the US economy under Trump's leadership. Initially expected to be pro-business with promises of tax cuts and deregulation, the President's protectionist actions, such as imposing a 25% tariff on steel and aluminum imports, have surprised and concerned investors.