Steelman · slot C
Trade policy as a personal gift
A trade lawyer would argue —Read what Trump actually said: the King and Queen "got me to do something that nobody else was able to do, without hardly even asking." The tariff was imposed by executive fiat, sustained against the advice of the affected industries on both sides of the Atlantic, and lifted not because of any negotiated framework or reciprocal concession but as a courtesy to departing house guests, announced on Truth Social. Scotch distillers will rightly take the relief, but no exporter — in any sector, in any country — can plan around a regime where a 10% duty turns on whether the head of state enjoyed his weekend. That is not trade policy; it is a mood, and moods reverse.