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The Guardian - US
The Guardian - US
World
Callum Jones in New York

Dealmaking genius or boy who cried wolf? Trump’s trade retreat sows doubts

Donald Trump United States John Cochrane Joseph Stiglitz Simon Johnson China
tarriffs wolf

Minutes after Donald Trump unveiled a climbdown on tariffs, softening an extraordinary US attack on trade from much of the world, his press secretary scolded reporters at the White House.

“Many of you in the media clearly missed The Art of the Deal,” said Karoline Leavitt, referring to the 1987 bestseller which laid the foundations of the president’s reputation as a consummate dealmaker.

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