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The Big, Beautiful Trade Deals That Aren't. - The Handbuilt City

if you’re following markets, the S&P 500 is up 17% year-over-year. At the same time, we know we had one quarter of negative GDP growth, a second of which would constitute a little word beginning with R. We know that inflation is up because of tariffs. We know that tourism into the US is down by a double-digit percentage, for obvious reasons. Meanwhile, Trump’s touted trade deals “are” coming through, with that verb in quotes because these fantas…
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handbuiltcity.org broke the news in on Monday, July 28, 2025.
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