President Trump is now confronting two nuclear standoffs and fighting a trade war on multiple fronts — all at the same time.
The big picture: Trump's March decision to agree to meet with Kim Jong-un led to speculation he might hold off on withdrawing from the Iran nuclear deal, so as not to face dueling nuclear dilemmas. He didn't. Common cause on North Korea had seemed to pave the way for a trade war truce with China. It didn't. Now, Trump is slapping tariffs on America's closest allies — and they're hitting back.