Morning Wire
Trade War Detente & USAID Closes Up Shop | 2.4.25
Cabot Phillips
Now, while the White House is touting the news as proof that Trump's use of tariffs as leverage is getting results, Democrats, as you can imagine, say otherwise. They argued that Trump quickly agreed to lift the tariffs because he was worried about the stock market, which did slip Monday morning on fears of a trade war, but then jumped back up at the news of these deals.
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