Donald Trump has so far avoided retaliation, which might carry a cost of its own
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A deal with America chooses certain tariffs over risky retaliation
A handpicked article read aloud from the latest issue of The Economist
It has spent years pinpointing America’s weaknesses and mitigating its own
The agreements look one-sided. Their consequences may not be
Allies may panic; despots will cheer
Just avoiding a renewed clash will count as success
