US EditionArt of the Backdown
- After several weeks of discussions, President Trump announced in May 2025 that a trade agreement with the United Kingdom had been finalized, representing the first major deal since Liberation Day.
- The agreement followed Trump's April 2 'Liberation Day' tariffs, which imposed reciprocal duties but left some high tariffs in place, notably on China and the UK.
- Both the U.S.-UK deal and a recent U.S.-China agreement lowered some import tariffs on American goods while maintaining higher U.S. Tariffs on foreign imports, aiming to rebalance trade.
- Economic indicators showed steady job growth and easing inflation to 2.3% in April, with market optimism reflected in Nasdaq and DJIA gains year-to-date exceeding 5%.
- These developments suggest the Trump administration's tariff policies have not triggered recession as predicted, though experts note recession risks remain elevated but below 50%.
7 Articles
7 Articles
Art of the backdown
Donald Trump’s supporters like to tout his 1987 book, The Art of the Deal, when they discuss his trade gamesmanship, but, a month after “Liberation Day,” it is getting harder for them to convince skeptical Americans that he is winning more than they are losing. On Monday, the White House announced a breakthrough in trade talks with China, but experts note that American negotiators appear to have won few concessions after a month of damaging unce…
Trump's Leadership: Powerhouse of Significant Economic Transformation - Real News Now
The unrivaled force of President Trump’s leadership has led to a significant transformation in the American economy. His policy of tariffs seems to be playing out quite well, with the stock market noticing a considerable rise from the lows of the previous month. It is interesting to see how the great American public has started witnessing a rebound in their 401(k)s – a clear testament to the effectiveness of Trump’s policies. The essence of Trum…
Trump Economy Defies 'Gloom and Doom' Expectations as He Notches More Key Trade Deals - The Virginia Star
by Ben Whedon With April’s inflation report coming in below forecasts, the Trump economy appears to be defying analysts’ and politicians’ predictions of collapse in the wake of his “Liberation Day” tariffs and subsequent trade negotiations. As Trump adds more notches to his belt in deals with key trade partners, the stock market has rebounded to pre-tariff levels, even while many tariffs remain largely in place on major economies such as China…
Trump Economy Defies ‘Gloom and Doom’ Expectations as He Notches More Key Trade Deals | The Star News Network
by Ben Whedon With April’s inflation report coming in below forecasts, the Trump economy appears to be defying analysts’ and politicians’ predictions of collapse in the wake of his “Liberation Day” tariffs and subsequent trade negotiations. As Trump adds more notches to his belt in deals with key trade partners, the stock market has rebounded to pre-tariff levels, even while many tariffs remain largely in place on major economies such as China…
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