After creating a confusing and chaotic mess with China tariffs, Trump has a rendezvous with reality and backs off. — The South Dakota Standard

After creating a confusing and chaotic mess with China tariffs, Trump has a rendezvous with reality and backs off. — The South Dakota Standard

After weeks of grim news from all fronts on the perils of President Trump’s stupid and gratuitous tariff showdown with China, Trump finally gave in yesterday and suspended the imposition of ultra-high tariffs on Chinese imports for 90 days. He brought them down to 30%, which is still higher than their 20% average of the last few years, but probably manageable for most consumers. Maybe the president finally figured out that there’s a reason the W…