President Trump and his team are telling top financiers his tariff plan unveiled today is all about playing the long game — getting trading partners who are clearly protectionist to reduce or remove their barriers to US exports in exchange for us doing the same.

In the end, they claim, everyone will be happy — including the American public that will be on the receiving end of the long-term gain of economic prosperity.

But The Post has learned that top Wall Street execs have been warning the White House and Trump himself in recent days that getting to that long-term gain, while feasible, will not be easy.

It could well result in a significant degree of short-term pain, more than just the markets going haywire. It could ignite something known as stagflation of higher prices ie., inflation, and lower growth, a possible recession. It’s an economic disruption not seen in decades as we upend the global........

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