Editor’s note: This is a lightly edited transcript of today’s video from Daily Signal Senior Contributor Victor Davis Hanson. Subscribe to our YouTube channel to see more of his videos.
Where are we in the trade wars, the tariff wars?
The stock market recently has recovered somewhat. We’re about where it was in August. I didn’t think it was too bad in August of 2024. It’s recovering 1% to 2%, on occasion. And why is that? Because Donald Trump has announced that JD Vance and his wife, who is of Indian legacy—her family was born in India—met with the Indian government officials, and there may be a trade deal.
Japan has been talking with us. They both want—us and Japan—want a deal. Japan says we moved the goalpost. We say, “They’re not serious.” But there’s going to be a deal there.
And more importantly, Donald Trump said he was willing to…