What just happened?
Over the last 24 hours, President Trump has:
1. Doubled tariffs on India to 50%
2. Imposed additional 15% tariff on Japan
3. Announced 100% tariff on semiconductors
4. Said pharmaceutical tariffs of 250% coming soon
All 4 of these targets have had previous "trade deals" either teased or announced for 4-straight months.
Did the trade deals just stall?