Cynics About Trump Tariffs Should Focus on Markets
An awful lot is now riding on the administration never having meant a word it was saying.
Trump is still holding out for a traumatic shift in the global trading order.
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Before Thursday’s news that an American would lead the Catholic church, the Oval Office staged its own drama as the US and the UK announced the long-awaited first trade deal since President Donald Trump opened hostilities earlier this year. By Sunday, the excitement had moved to Geneva, as US officials hailed “substantial progress” after hours of talks with Chinese counterparts.