The release of the files, no matter how incriminating they are against Trump, will have no effect. The MAGA crowd does not care and will give a free pass to Trump anyway. It is part of the escalation strategy promoted by liberals. They claim that if a certain level is reached, then consequences will follow. Yet nothing happens. Then they set a new higher level to reach and so on.
MAGA does not care about children or under aged people. As long as they are guaranteed brown and black skinned people are given harsh times, MAGA will comply with everything Trump does and says. Trump is very liberal and even claims that many US citizens wish for a dictator. Trump knows the MAGA crowd and how to manipulate them. Trump does not release the files not because of WeThePeople but because it may blow up his chances for a Nobel Prize or something (or at least in his perception as he is unlikely to get one) Trump may also not release the files to avoid the very likely event that the files will have no impact, which will bring more discredit to liberalism.