​ Summarize Source: Bloomberg This time, the silence from markets and the media has been deafening. John AuthersJuly 28, 2026 at 8:54 PM EDT Trump touts tariffs to GM workers.Photographer: Sarah Rice/Bloomberg To get John Authers’ newsletter delivered directly to your inbox, sign up here. Today’s Points: Protectionism Fatigue This is the way globalization ends, not with a bang but a whimper. The current US administration has declared war on the global free trade system. Last year’s “Liberation Day” imposition of the highest tariffs in a century drove a dramatic selloff in both stock and bond markets that within a week forced a presidential … Continue reading Globalization Ends Not With a Bang, But Tariffs 2.0