Wednesday, April 23, 2025
Backing Off
President Trump is now saying his imposition of high tariffs on China will come down but not be zero. This ignited the markets, which soared. Trump is blinking because he now knows the disaster he has caused. Had he paid attention to overwhelming testimony from experts worldwide, it would never have come to this in the first place. His freewheeling style is dismaying and badly disruptive.
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