News Snapshot:
Open this photo in gallery: U.S. President Donald Trump gestures as he speaks during a Make America Great Again rally in October, 2020, in Goodyear, Ariz.BRENDAN SMIALOWSKI/AFP/Getty Images This week marked the realization among Donald Trump’s business supporters that the fantasy version of Mr. Trump they had been carrying around in their minds bore no relationship to reality. The fantasy Mr. Trump was only kidding when he said, as he did throughout the 2024 election campaign, that he would impose double-digit tariffs on the whole world, and even heavier tariffs on China. It was all part of his shtick, a...