Trump’s sudden shifts make his policies baffling to countries trying to negotiate lower tariffs
UNITED STATES, JUL 12 – President Trump plans 35% tariffs on Canadian imports and 15-20% on other countries starting Aug. 1, continuing his strategy to address trade imbalances and protect U.S. industries.
- Trump threatened to impose tariffs ranging from 15% to 50% on imports from over 20 countries, including major trading partners like Brazil, Japan, and South Korea, starting August 1st.
- Brazil's president Lula da Silva vowed to retaliate against Trump's tariffs by suspending trade agreements that harm Brazil's competitiveness.
- Despite ongoing negotiations, Trump escalated conflicts with Canada and the EU by raising tariffs on their imports to 35% and 30% respectively, effective August 1st.
61 Articles
61 Articles
Trump's constant turnarounds annoy America's partner countries, many question whether trade concessions make sense at all. But the President's conduct is already paying off for Washington.
Japan, after 101 Tough Days, Learns a Hard Lesson about U.S. Alliance
It was only five months ago that President Donald Trump heralded the “fantastic relationship” between the United States and Japan, as he sat alongside Prime Minister Shigeru Ishiba, the first Asian leader to visit him in his second stint in the White House.
US President Donald Trump's tariff policy will pose a permanent burden on Americans' wallets. Most Fed officials assume this. This could affect their decision on a possible interest rate cut. These steps also affect, for example, Czechs investing in American financial markets.
In Donald Trump’s Washington, it is easy to forget what things were like in another time... that is, a week ago. In this, tariffs have returned to the front line of the political and economic discussion, but not, as was to be expected, because it was going to expire the July 9 deadline that he himself gave for the activation of the levies with which he himself threatened dozens of countries in April, but because the President of the United State…
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