Trump has recently announced preliminary trade deals with Japan and other countries, and many of his paused “reciprocal” tariffs are set to resume next month.

In the past week, the Trump folks struck deals with Japan, Indonesia and the Philippines — and may be on the verge of a deal with Europe.

U.S. stocks set more records on Wednesday following a trade deal between the world’s No. 1 and No. 4 economies, one that ...