‘Trump always chickens out’? Not this time. A $50 billion tariff haul says otherwise

Trumps tariffs have raked in a record $64 billion, but few countries are fighting back. Canada and China tried—then backed off. The rest? Mostly waiting to see what happens before the August 1 deadline. While the tariffs risk inflation and economic disruption, theyve also handed Trump a short-term win, making it hard for allies to push back without hurting themselves.