Free Republic

ISTANBUL—Diplomatic brinkmanship over U.S.-brokered efforts to efforts to end Russia’s war in Ukraine reached dizzying levels on Wednesday, with each side seeking to call the other’s bluff by demonstrating a desire for peace and casting the other as the obstacle to it. Ukraine’s president said he would be waiting in the Turkish capital, Ankara, on Thursday for Vladimir Putin, but the Russian president is sending a team of negotiators to Istanbul, and the Kremlin won’t say if he will be there. President Trump hasn’t ruled out the possibility of joining any talks in Turkey, and senior U.S. officials are headed...

Rarely has an economic policy been repudiated as soundly, and as quickly, as President Trump’s Liberation Day tariffs—and by Mr. Trump’s own hand. Witness the agreement Monday morning to scale back his punitive tariffs on China—his second major retreat in less than a week. This is a win for economic reality, and for American prosperity. Make that a partial win for reality. The Administration agreed to scrap most of the 145% tariff Mr. Trump imposed on Chinese goods on April 2 and later. What remains is his new 10% global base-line tariff, plus the separate 20% levy putatively tied to...