How CEOs Beat Trump on Tariffs
Donald Trump
I t took a mere 13 hours for the Trump administration to cave on their reciprocal tariff scheme . President Donald Trump, Commerce Secretary Howard Lutnick, and Trade Advisor Peter Navarro did exactly what they said they would not do—“ back off ” of the non-negotiable trade measures. More perplexing is that no significant trade concession was gained from a single country during the brief period of “ maximum leverage .” But a self-congratulatory tone was adopted after announcing a 90-day pause
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