It wasn’t a bluff, the tariffs are here -and this is the opening salvation from an elliptical office.
The world trading system has not been here so far. Slides to a larger trade dispute are very important for cards, as President Trump first prepares a similar tariff on Europe and then prepares at a universal lower level.
But what is as important as the United States’s actions is how other people in the world react.
To do so, you need to judge what the president is actually trying to achieve.
Trump regularly changes his theoretical basis for tariffs to enforce diplomatic changes, deal with trade imbalance, or raise a lot of income.
All of these policy goals cannot be achieved at the same time.
For example, by learning from Trump’s first term “China Trading”, western diplomats rush to find a list of US products that they might buy more to win the White House. I was.
Europe is increasing the purchase of liquefied natural gas, weapons, or special magnets for the United States for wind power plants.
It is not really a matter of whether these trends have already been on a train as long as the US President can chose up the victory.
But is the change in the trade deficit really the purpose here?
Officially, the theoretical basis of Trump’s movements is the punishment for the trade of synthetic opiodfentanil, which is widely seen as a legal verbal verification of “urgent” behavior that requires parliamentary decisions.
Canada indicates that Trump will take a robust approach. This is the best represented by the candidates to become the Mark Carney, the next Prime Minister of the country.
“We will repay the dollar for the dollar,” he told the BBC, laughing at Fentanyl’s theoretical evidence, and Canada said, “Fighting a bully.”
This is important, regardless of whether Carnie is the success of Justin Toldo and ultimately serving as the world’s largest so -called “advanced” group of G7.
As a former governor of England, Carney witnesses Trump on the world stage at the G20 and G7 meetings, concluding that US leaders respect only strength.
He had a warning that was coded to a country that stayed quietly and was calling for the president’s eye -catching: “lucky”.
In recent conversations with European trade negotiator, they emphasize their cooperation and partnerships and emphasize transactions with the United States. When asked, they avoided direct criticism of the extraordinary proposals of using tariffs on NATO’s fate of Greenland’s fate.
The real problem here is that the remaining part of the world, for example, adjusts the famous political supporters of President Trump, such as Elon Musk, a typical feature of the previous small dispute. Whether or not.
Tesla, an electric car manufacturer led by MUSK, warned last week about the impact of Tit-For Tat duties.
All of these are aimed at creating a rival court around the elliptical office, and the interest in Congress asserts concerns about the impact of US factories on global exports.
This is all before it affects the US domestic price.
This may be more evasive through the application of planned carbon trade taxes in various jurisdictions.
How this works depends on the perception of how powerful the United States is.
Some countries may conclude that there are other options in the world these days.
The world is in an unknown area because the tariff threats are sprayed in multiple directions every day.