Donald Trump is staking his reputation as a tough negotiator and slick dealmaker -- that has served him well throughout his life -- with his ultra-muscular, protectionist tariffs policy.

Trump on Thursday announced higher tariffs — again — on just about every country in the world. Even as some countries’ tariff rates came in lower than they had feared, practically all goods coming in to the United States face a significantly higher tax than when Trump took office in January.