No Deal in Sight: Japan, Europe, and the Tariff Spiral
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No Deal in Sight: Japan, Europe, and the Tariff Spiral
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This daily news script breaks down Donald Trump’s escalating trade drama as his self-imposed July ninth deadline looms with no real deals in sight. Japan and the European Union refuse to bow to threats of tariffs and dismiss his letters as empty gestures. The piece follows how Trump’s trade tactics mirror a reality show plot, with threats and insults masking the deeper reality that real trade deals take time, trust, and substance — not quick signatures and podium soundbites. It examines how farmers, carmakers, and everyday Americans absorb the fallout, while the headlines keep rolling and the promised deals never land. Behind the slogans is a fragile job market, a hidden housing squeeze, and a cycle of policy chaos that reveals just how far a letter can — or can’t — carry an economy that’s tired of waiting for the next episode to fix what’s broken.