Trump’s iPhone olive branch is a significant trade war retreat

The White House has gone from clearly suggesting that there would be no negotiation on the baseline 10% tariffs to offering exemptions to the very products causing the deficit that the entire policy was supposed to solve.

This is a lot more than a “row back”. Some have called in the “Art of the Repeal”. The 4D chess has been replaced by someone playing one dimensional checkers, but unable to tell the difference between opposing pieces.

Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Related Posts