Stocks have clawed their way to another record high this week as investors continued to extend increasingly precarious bets on trade. Traders and investors have ridden an extraordinary spring rally by betting against President Donald Trump’s myriad tariff threats,

President Donald Trump complained to his aides about the lack of progress being made on trade deals as he was debating whether to push back his tariff deadlines yet again, according to a report. The president announced on Monday he was imposing a new wave of 25- to 40-percent tariffs on products from more than a dozen countries—including key trading partners such as Japan and South Korea—unless those countries reach new trade deals with the U.

As Wall Street traders continued to share the accusation that “Trump Always Chickens Out,” the president falsely insisted that he did not delay a tariff deadline.