The WSJ editorial board argued that the tariff policy has weakened U.S. credibility by targeting allies and obstructed coalition efforts against Beijing’s trade practices. The editorial board wrote, “Rarely has an economic policy been repudiated as soundly, and as quickly, as President Trump’s Liberation Day tariffs—and by Mr. Trump’s own hand.”

The editorial board added, “A ‘tragedy’ of Trump’s ‘shoot-America-in-the-foot-first approach,’ is that he’s hurt his chances of rallying a united front of countries against Beijing’s mercantilism.” It added, “By targeting allies with tariffs, Mr. Trump has eroded trust in America’s economic and political reliability.”

https://www.msn.com/en-us/news/politics/repudiated-wsj-delivers-blow-to-trump/ss-AA1F0uoz