#TrumpTariffs days of tariff freeze... How does Trump manage his trade battles?

As the deadline for the tariff freeze set by U.S. President Donald Trump on July 9, 2025 approaches, the global economy is in a state of cautious anticipation. While Trump continues to threaten the reactivation of comprehensive tariffs on imports exceeding $1.8 trillion, global capitals, from Beijing to Brussels, are racing to strike quick trade deals with Washington in an attempt to avoid entering a new trade war that could surpass the impacts of what occurred in 2018.

Markets had experienced sharp disruptions following Trump's announcement of a basic 10% tariff in addition to other increases on most countries, some reaching 50%, before stabilizing somewhat after the White House announced on April 9 a 90-day freeze on the implementation of tariffs to allow more time for negotiations to reach agreements, which observers considered an attempt to absorb the shock without making political concessions. According to Bloomberg, the S&P 500 index rose by 7.2% over two months after the decision was frozen, while investor confidence began to improve.