Is Trump Bluffing on Tariffs?

Playbook: “Maybe, yeah. But honestly, we don’t know, and in the political and economic sphere, it would be irresponsible to believe he is bluffing — given what’s at risk. We are told he likes tariffs because they can be enacted unilaterally and pulled back on demand. The president has left himself wiggle room: He is the sole arbiter of the standard he set for imposing the new tariffs — whether Mexico is doing enough to curb illegal immigration.”