Max Colchester

So it's important, but it's also quite symbolic. And it shows the Trump administration is serious when it says it does want to try to ease some of the trade restrictions it imposed earlier this year. But I think what it shows is that the tariffs are here to stay, that the US will maintain a basic tax on imports into its country. And that isn't up for negotiation at this stage.

So it's important, but it's also quite symbolic. And it shows the Trump administration is serious when it says it does want to try to ease some of the trade restrictions it imposed earlier this year. But I think what it shows is that the tariffs are here to stay, that the US will maintain a basic tax on imports into its country. And that isn't up for negotiation at this stage.

The idea that Trump's moves are sort of the death knell for globalization might be slightly overstated. So we've seen, for instance, the U.K. just this week sign quite a comprehensive trade deal with India. So now you've seen the fifth and sixth largest economies in the world signing a deal to ease trade. So it seems like Trump's efforts have actually kind of spurred

The idea that Trump's moves are sort of the death knell for globalization might be slightly overstated. So we've seen, for instance, the U.K. just this week sign quite a comprehensive trade deal with India. So now you've seen the fifth and sixth largest economies in the world signing a deal to ease trade. So it seems like Trump's efforts have actually kind of spurred

countries to get more serious about lowering trade barriers, if anything, to offset the tariff effect of the U.S. That was Journal correspondent Max Colchester.

countries to get more serious about lowering trade barriers, if anything, to offset the tariff effect of the U.S. That was Journal correspondent Max Colchester.