It is now clear what the result will be of the "Trump Tariffs". The plan is this: every country that might retaliate in some meaningful way will quietly receive an exemption to the Tariff. The Tariffs will loudly go into affect, but not really of course. Trump will talk tough. Behind the scenes all parties, except Trump's supporters of course, will be tipped off. The Democrats will see through Trump's duplicity but will be ineffective, as usual, in explaining it to Trump's supporters. They only watch FOX where Democrats are banned, neutralized, or censored. Trump will prominently mention Tariffs at every rally between now and the midterm election. He'll tell his supporters, in five word sentences, how our trading partners are going to renegotiate terrible trade deals or face Tough Tariffs. (He'll be lying as always.) Trump's supporters will react with wild enthusiasm. The tariffs will, in effect, amount to zilch. The Market will recover well before the midterm. Recall trump said in his campaign for President "We love 'the poorly educated'." Now it will be doubly clear to every educated person why. Gary Cohn may not have to resign after all.