Donald Trump thinks he’s winning on trade, but America will lose

Because tariff policy is set by one man alone, the bargaining will be subject to lobbying and presidential whim. Because of who he is, Mr Trump will consider exemptions when he is next flattered, and threaten duties when he is next displeased.

Donald Trump thinks he's winning on trade, but America will lose
https://economist.com/leaders/2025/08/01/donald-trump-thinks-hes-winning-on-trade-but-america-will-lose
from The Economist

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