So Donald Trump’s July 9 deadline to reimpose his so-called “reciprocal tariffs” turned out to be a deferral, though whether to August 1 or September 1 isn’t clear. Very possibly they get postponed indefinitely, despite the president’s all-caps insistence on Truth Social to the contrary, hence the sanguine response of the financial markets. As the New Yorker magazine’s greatest ever cartoon asked: “How about never? Is never good for you?”
We’ve also had some innocent entertainment from Trump sending one of his tariff-threatening letters to the king of Thailand, apparently under the belief that said country has an executive monarchy.
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