Surprise, surprise — here comes the tariffs retreat
From our US edition
We should by now be used to Trump's modus operandi. But we aren't. We should all know the art of his deals. But we don't. He is the counterpuncher who quite often smacks first and then retreats. Look at the tariffs story now unfolding. It goes like this: Trump makes fierce opening gambit. This shocks everybody apart from his supporters who say that that is exactly what he said he'd do. Finally, a president who does what he promised, they say. The media starts speculating on the collapse of the liberal world order. Then, amid the hyperventilation, Trump backs down. He does so while pretending that he hasn't. Then he blames the Republican Party for not supporting him. We've seen this with healthcare, with immigration reform, and now perhaps with his protectionism.