I'll outsource to Bob Cesca. You need to read the whole thing (it isn't terribly long) and then perhaps actually read the Mueller report. You may end up with a somewhat different point of view. But I'll pull some quotes to give you the general outline.
[L]oyalists continue to repeat the “NO COLLUSION!' lie with very little push-back. The all-caps falsehood gains momentum every time Trump repeats it. Likewise, Bill Barr’s March 24 letter and his subsequent public remarks erroneously confirmed Trump’s lie before anyone, including Congress, was allowed to actually read the report.
The lies were thicker than Trump’s AquaNet during a must-see one-hour interview special with George Stephanopoulos, originally broadcast this past Sunday night. During an awkwardly staged conversation in “The Beast,” Trump’s presidential limousine, the president insisted to Stephanopoulos that Mueller literally reported “no collusion.” Predictably, this is a lie. . . .
Mueller clearly writes, “In evaluating whether evidence about collective action of multiple individuals constituted a crime, we applied the framework of conspiracy law, not the concept of ‘collusion.’”
Mueller instead looked for a criminal conspiracy in which the Trump people and the Russian government entered into an agreement, “tacit or express,” to mutually participate in skewing the 2016 election toward Trump. Therefore, “the Office's focus in analyzing questions of joint criminal liability was on conspiracy as defined in federal law.” . . .
Mueller writes on page 9: “... the evidence was not sufficient to charge that any member of the Trump Campaign conspired with representatives of the Russian government to interfere in the 2016 election.” Simply put: there was evidence of conspiracy but not enough evidence to seek a criminal indictment. Mueller added that Trump campaign officials lied to investigators, which “impaired the investigation of Russian election interference.” The lies and the cover-up, drawn from mob tactics, flummoxed Mueller’s work.
On page 9, Mueller also writes that “the investigation identified numerous links between individuals with ties to the Russian government and individuals associated with the Trump Campaign.” These “links” are roughly more than 100 clandestine meetings between Trump officials and Russians listed and described in Mueller’s report — meetings nearly all of these officials repeatedly lied about. . . .
Throughout 2017 and 2018, as we devoured bombshell after bombshell about these meetings, most of us defined what we observed as the non-legal term “collusion.” In fact, it’s a fairly reasonable semantic jump from “links” to “collusion,” especially when we factor in Mueller’s reporting on Paul Manafort’s meetings with reputed former Russian GRU agent Konstantin Kilimnik, during which the men discussed everything from influencing the president to backstop Putin on Ukraine, to delivering proprietary internal polling data on “battleground states” Pennsylvania, Michigan and Wisconsin to Kilimnik — the latter being one of the most shocking items in the report, given that those three states tipped the Electoral College in Trump's favor. . . .
Finally, there’s a significant portion of the equation entirely missing from the Mueller Report, perhaps the most important element in this entire saga: Whether the president is compromised by Russia, the question at the heart of the mysterious counterintelligence investigation currently underway at the FBI. . . .
To boil this down: The Russians know where Trump’s money comes from; they know how Trump won the election; they know what Trump’s people said in all those meetings — wouldn't it be a shame if that information was leaked to the Wall Street Journal. A threat like this alone could be enough to keep Trump in line with the Kremlin’s interests. Hence, Trump’s ongoing and impeachable collusion with Russia. ...
Once again, Trump is treating his most faithful disciples like suckers who continue to swallow the lies of a well-documented con man with decades of history. The complexities of the report as well as Bill Barr’s artful preemptive obfuscation aided in this deception, assuring that the “no collusion” lie would travel around the world several times before the truth got its pants on.