On May 1, 2003, President George W. Bush announced, "Major combat operations in Iraq have ended." He was standing below a giant banner that read, "Mission Accomplished." Subsequent events didn't cooperate.

We're in a similar place when it comes to President Donald Trump's experiment with a new global trading order.

"Tariffs are making our country Strong and Rich!!!" Trump proclaims, making him not only the first Republican president in living memory to brag about raising taxes on Americans, but also the first to insist that raising taxes on Americans makes us richer.

MAGA's mission-accomplished groupthink relies primarily on three arguments.

The first is that Trump has successfully concluded a slew of beneficial trade deals. The truth is that some of those deals are "frameworks" that w

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