​ 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: Chips are still selling off ahead of hyperscalers’ earnings later this week. The latest round of new US tariffs has passed with scarcely a market murmur. The Swiss National Bank will keep zero rates until the end of next year. Trump says a peace deal with Iran is possible, as Brent dips below $90 per barrel. AND: More streaks across the firmament. Protectionism … Continue reading Globalization Ends Not With a Bang, But Tariffs 2.0