The Trump tariffs suffered a blow late Wednesday, May 28th, followed by a reprieve on Thursday.
This up and down, back and forth is precisely what has the world markets and businesses in a tailspin. If you have not been counting, we have had 132 documented trade policy changes since this all began, and that is why your head is spinning.
This is just part of the chaos that has been rampant throughout the Trump administration. But it is something that has the world in a spin.
Let me walk us all through this as it stands now. I emphasize those last four words, as the TACO (Trump Always Chickens Out) trade is still alive and well.
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