Along with businesses and consumers across this country, were breathing a sigh of relief that the United States and China have declared a 90-day cease-fire in an ongoing trade war.
Its no secret we havent been happy with President Donald Trumps tariff-happy trade policies since he took office. Whether its adding levies to imported goods, threats to bolt NAFTA or insulting our allies, we still cant say whether Trump is engaging in some grand strategy or just throwing stuff at the wall, hoping something sticks. We are increasingly inclined to think its the throw-and-stick plan.
But we are still praying it could be the former or at the very least that we will get lucky and it will look like the former when all is said and done. In any event, its not as if Trump is the first president to bang his head against the great wall of Chinese trade policy and come away with nothing but a headache to show for it.