Hi there, everybody. It's 4 o'clock in New York. Don't worry about reaching for a pen and paper today.

Today's show comes with all of your math homework done for you by us. Not that it's a particularly

difficult bit of arithmetic either, which is the whole point,

because today on day 54 of our 90 deals at 90 days tracker, Donald Trump isn't remotely

halfway there. Be generous and give him half of one point for a framework of a deal with the UK.

And we'll give him a point for achieving a preliminary one with China, although there's

trouble on that front to tell you about as well today. And Trump has just passed his own

one-yard line, one-ninthth of the way there. To put it bluntly, this is not a game. It's a gamble

and a bad bet to hear some economists talk about it, staking our very livelihoods,

and those of our children, are reforging global trade using possibly illegal tariffs.

As of today, the rates for steel and aluminum imports are now officially doubled, up to 50% now.

Well, the White House went about evaluating final offers, whatever that means from other countries on this self-imposed deadline day.

And who knows, maybe today's the day.

Maybe by the time we're off the air, there will be some real agreements and deals signed on paper, and they'll announce them.

Maybe we'll even see that, quote, cascade that

Peter Navarro promised. He's the aide who coined the, quote, 90 deals and 90 days promise.

Or maybe, maybe they'll find that it's more difficult than that. Just this morning, Donald Trump

was posting on social media about just how hard it is to make a deal with China's President Xi.

A notable addendum to what Treasury Secretary Scott Besson said last week.

The talks were, quote, a bit stalled with China.

Protocol reporting this, quote, Trump thinks a call with Xi will help reset souring trade talks.

But even if that conversation happens this week,

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