Saigol

President Donald Trump can’t stop contradicting himself on his own tariff plans.
He says he’s on a path to cut several new trade deals in a few weeks — but has also suggested it’s “physically impossible” to hold all the needed meetings.
Trump has said he will simply set new tariff rates negotiated internally within the U.S. government over the next few weeks — although he already did that on his April 2 “Liberation Day,” which caused the world economy to shudder.
The Republican president says he’s actively negotiating with the Chinese government on tariffs — while the Chinese and U.S. Treasury Secretary Scott Bessent have said talks have yet to start.
What should one believe? The sure bet is that uncertainty will persist in ways that employers and consumers alike expect to damage the economy and that leave foreign leaders scratching their heads in bewilderment.
And the consequences of all this tariffs turmoil are enormous.
Trump placed tariffs totaling 145% on China, leading China to retaliate with tariffs of 125% on the U.S. — essentially triggering a trade war between the world’s two largest economies with the potential to bring on a recession.
Trump’s negotiating trade deals with himself
The president told Time magazine in an interview released Friday that 20%, 30% or 50% tariffs a year from now would be a “total victory,” even though a financial market panic led him to temporarily reduce his baseline import taxes to 10% for 90 days while talks take place.

“The deal is a deal that I choose,” Trump said in the interview. “What I’m doing is I will, at a certain point in the not too distant future, I will set a fair price of tariffs for different countries.”#TariffPause