
Taking Trump’s Tariffs Threats Seriously and Literally
Is Trump bluffing? President Trump’s tariff threats have perplexed and rankled foreign leaders and C.E.O.s for some time now as they fear the unleashing of a tit-for-tat trade war. Investors apparently feel relieved that he has held off so far, with S&P 500 futures gaining this morning. But a growing number of analysts and business…