The key to translating Trump language is to understand noise and signal. The tariff signal, if you want to call it that, is a negotiating leverage tool because Trump commands the largest market on Earth. There’s no market larger than the United States. He’s starting with a message that’s very clear. Get in line. Do what you said you were going to do or you’re going to face a wicked barrier to come into the world’s largest market and it’s going to affect your economy. I heard it loud and clear.
