Now that Trump has signed a VERY IMPORTANT TRADE DEAL WITH A BIG COUNTRY (i.e. the UK) it's becoming clear that the art of the deal has gone in the President's favor.

The UK's The Telegraph reports:

For Donald Trump, it's a clear negotiating win. He lowered tariffs that were most likely imposed in an attempt to get other countries to fall into line, delivering a synthetic solution to an artificial crisis. In exchange, he won material concessions from Downing Street.

In exchange, we’ve cut existing tariffs on US beef, offered tax concessions for US tech firms, and apparently agreed to buy $10 billion worth of Boeing planes, in some form or another.

Let's hope those planes are not 737-MAXes.

Furthermore, as Sky News reports:

And, importantly, the published terms note: "Both the United States and the United Kingdom recognise that this document does not constitute a legally binding agreement."

And that: A Nobel Prize-winning economist [Joseph Stiglitz] has told Sky News the recently announced UK-US trade deal "isn't worth the paper it's written on".

Sounds like a Chamberlain moment.