Welcome to limbo, courtesy of Trump’s trade war waffling

A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here.Here we are, nearly halfway through 2025, months into the second Trump administration, and the sky hasn’t fallen. Where is the calamity all those tariff naysayers (hi!) promised?If it feels like nothing has changed, then congratulations, you do not work in manufacturing or shipping or run a business that relies on imports.There are a few reasons why it feels like some early tariff warnings were overblown, but the most significant is this: Trump blinked. And blinked again. And blinked ..