Is Trump Winning His Trade War?

The Journal podcast for August 1st discusses President Trump's trade policies and the looming tariff deadline. It examines the deals struck with countries like the UK, Japan, and South Korea, and the 15% baseline tariff imposed on others. The episode explores Trump's long-held belief that the U.S. has been disadvantaged in global trade, his aggressive use of tariffs, and the reactions from other countries, particularly the EU. It also delves into the ongoing trade negotiations with Canada, Mexico, and China, highlighting the potential economic ripple effects and legal challenges to Trump's approach. The podcast concludes by questioning whether this marks the end of a trade war or the beginning of a new era of trade relations dominated by the U.S.