On What Really Matters, Walter Russell Mead discusses the effect of President Donald Trump’s tariffs on Russia’s economy, Prime Minister Benjamin Netanyahu’s visit to the White House, and how tariffs are concentrating power in President Trump’s hands.
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Cover: Edited version of US Air Force, US Navy, and US Marine Corps aircraft along with US Army Patriot missile batteries line up on the runway for an elephant walk during a routine operational readiness exercise at Kadena Air Base in Japan on May 6, 2025. (US Air Force)