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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Global Autonomous Reconnaissance Craft (GARC) from Unmanned Surface Vessel Squadron 3 (USVRON 3) operate remotely in San Diego Bay on May 15, 2024, ahead of the unit’s establishment ceremony. (US Navy photo by Mass Communication Specialist 1st Class Claire M. DuBois)