#TrumpAtDAS Trump's Trade Policy Shift: His tariffs are reshaping US trade policy and altering longstanding free-trade agreements.
- Retaliatory Tariffs Looming: Trump may impose tariffs on all US trade partners as early as April 2, calling it "Liberation Day."
- Flexibility in Tariff Implementation: While Trump hinted at some flexibility, he remains reluctant to grant many exemptions.
Tariff Impact by Region:
✅ Steel & Aluminum Tariffs (March 12): 25% tariffs on imports from all countries.
✅ European Union (EU): Counter-tariffs on $28 billion in US goods starting in April; some delayed until mid-April.
👉 Example: EU's planned 50% tariff on US whiskey led Trump to threaten a 200% duty on European spirits.
✅ Canada & Mexico (March 4): 25% tariffs imposed; pause on USMCA-compliant goods until April 2.
👉 Canada retaliated with duties on $20 billion in US goods; new trade talks underway.
✅ China: Additional 20% tariffs on top of existing 10%.
👉 China retaliated with up to 15% tariffs on US farm goods like chicken and pork (March 10).
Trump's tariffs have escalated global trade tensions, with key allies and rivals retaliating, while negotiations and potential adjustments continue.
