U.S. and Europe Dodge the Bullet of an All-Out Trade War

On the menu today: At his golf resort in Turnberry, Scotland, President Trump announced a big trade deal with the European Union — but as with his other announced trade deals, some important details are still not laid out. Although the EU’s tariffs on American cars will be coming down, you probably won’t see lots of American cars on the streets of Munich or any other European city, for basic logistical reasons. Meanwhile, President Trump and House Speaker Mike Johnson don’t want to rule anything out when it comes to the topic of a potential pardon or deal for the notorious Ghislaine Maxwell.