What you need to know about Trump’s tariffs and the rest of Trump’s madness

The art of the deal, with him as dealer

Friends,

Understand this: The reason Trump has raised tariffs on Canada and Mexico is not to have more bargaining leverage to get better deals for the United States from Canada or from Mexico.

Hours before the Canadian tariffs went into effect, Trump was asked if there was anything Canada could do to stop them. “We’re not looking for a concession,” Trump …