Yep. He flip flops like a dying fish. There is no way to predict what idea he's going to have 90 days from now.
The problem remains. Anyone who imports from China - which covers a lot of the economy - is screwed.
And Rest of World no longer trusts anything he says.
This is a fabricated justification. There has been literally zero public reporting of any trade negotiations post-tarifpocalypse. The only people saying there are deals being made are the White House, who have produce zero evidence of deals.
No, Trump was responding[1] to the movement of the market and in particular to the sudden spike in federal bond rates. This was absolutely not a win for Art of the Deal. There was no Deal.
[1] In "good faith", to be sure.
- not lying about tariffs being taxes on other countries that would replace us paying taxes
- not calling trade deficits tariffs and pretending to impose reciprocal tariffs
- negotiating ahead of time like normal people and clearly communicating the path forward