President Donald Trump’s tariff threats against Thailand and Cambodia pushed them toward ending their deadly border clash this week, showing again his willingness to use a trade war cudgel to stop armed conflict and upstaging China in its own backyard.

The president’s vision for reshaping global trade is falling into place, but he is embarking on an experiment that economists say could still produce damaging results.

The Trump administration touts tariffs as part of a wider set of "America First economic policies," which have "sparked trillions of dollars in new investment in U.S. manufacturing, technology, and infrastructure," according to the White House's website.

The economy was supposed to crumble. The trade war was expected to escalate out of control. Markets were forecast to plunge. None of that has happened. But Trump’s early trade victory may be short-lived.

It’s a race against time for some of America’s top trading partners who are negotiating furiously to reach agreements by Aug. 1.

The Trump administration's trade policy faces a critical test this week as a federal court weighs the legality of its sweeping tariffs.

President Trump has achieved the remarkable: raising tariffs by more than the notorious Smoot-Hawley Tariff Act of 1930, while—it appears—avoiding the destructive trade war that followed.Including the deal struck over the weekend with the European Union,

TRUMP'S U.K. TRIP: President Donald Trump will return to Washington today after meeting with British Prime Minister Keir Starmer to discuss trade and the humanitarian crisis in Gaza and reaching a trade agreement with the European Union.