May 12, 2025, 9 p.m.
Trump's tariffs have already failed at their main job
Markets rejected as the US and China reached a temporary truth of sorts in their trade war Monday, sharply reducing tariffs in a “90-day pause.” For Trump, this was a climbdown. He had severely escalated the trade war against China, starting on “Liberation Da…
Trump's tariffs have already failed at their main job
Markets rejoiced as the US and China reached a temporary truce of sorts in their trade war Monday, sharply reducing tariffs in a “90-day pause.” For Trump, this was a climbdown. He had severely escalated the trade war against China, starting on “Liberation Da…