How Trump turned the tide in his trade war

(CNN) — President Donald Trump has pulled off an impressive feat: He is raising tariffs on some of America’s most important trading partners, and the world is largely cheering the agreements as victories.

Placing historically high taxes on imports from around the world — particularly at a time when American consumers are still reeling from the highest inflation they’ve experienced in four decades — marked one of Trump’s boldest gambles of his presidency. Trump was largely elected on his pledge to fix Americans’ finances. Economists have widely shunned his trade policy, which is expected to raise costs for businesses and consumers .

But Trump zagged when everyone was zigging, and — so far — the bet has paid off. He achieved that with some old-fashioned psychology: setting the bar so