
AI Summary
President Trump's aggressive trade strategy, characterized by punitive tariffs, has yielded minimal results despite his aim to reshape US trade. His administration's predicted "90 deals in 90 days" has only resulted in two, possibly three including a temporary agreement with China. Trump has extended the deadline twice, fueling the "Taco Theory" (Trump Always Chickens Out) suggesting he backtracks when markets react negatively. Despite this, Trump insists the deadline was always in August and has sent letters to world leaders outlining tariff rates, inviting them to participate in the US economy.
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