What does 'leverage' matter when Trump says he has no demands??

Why suddenly tariff someone (on false pretenses) you have a comprehensive trade agreement with?

Coinbase employee (Investigatooor), personal account. Onchain is the future.

Just assume it continues to escalate and we get to 100% tariffs on both sides.

Who caves first?

At the moment it's not clear that reducing the retaliatory tariffs would cause ours to drop. It also turns into a game of chicken where they're trying to inflict maximum economic damage in hopes of getting a new admin in 4 years. The conservative party in CA is already signaling commitment to fighting fire with fire.