Why did Trump blink before imposing “beautiful” tariffs on Canada and Mexico? Donald Trump
Donald Trump is in his element in the Oval Office this week. The president is surrounded by allies of billionaires, facing questions about whether he is really ready to launch a trade war on the United States’ closest neighbors, and the president has faced a series of problems.
Through his narrative, powerful economies strive to succumb to his will. Hours ago, Mexico announced a series of measures to rush along its border shore, prompting the White House to rush to postpone the 25% tariff on all goods. Canada will announce similar measures later that day and receive the same probation.
However, one reporter wanted to ask if Trump had blinked. “No blinking.” He fired back, claiming that illegal immigration and fentanyl “no longer come from Mexico,” due to an initiative pieced together by the government that morning.
Actually, some blinks – a third time in two weeks. Trump believes that tariffs are a “beautiful” means to restore the U.S. economy, which is the core pillar of his agenda to make the U.S. excellent again. But when the push pushes, he repeatedly retreats from the edge.
In Canada and Mexico, there was initial commitment to impose tariffs on tariffs starting from the first day of his new government, but no explanation until February 1. When February 1 arrives, February 4 becomes the new deadline.
Then, with a few hours in Canada and Mexico each promised that a large number of people (10,000, given or accepted) would work with the respective borders of the United States, and made some relatively vague commitments to strengthen security, Trump kicked the can on the road for a month.
White House Have done it Threatened to impose tariffs on the United States, although the interest rate of 10% is significantly lower than 25% of Canada and Mexico plans. The phone call between Trump and Chinese President Xi Jinping has been prompted, which adds to the prospect of another quick probation.
While Trump claims to be in no hurry to answer the phone, a key component of Chinese tariffs (which will ensure they are alleged from the country’s cargo of less than $800, ending a long-standing loophole – quietly delayed, ostensibly It is for administrative reasons.
When Friday came out, delaying the scrapping of De Minimis exemptions, Trump ensured that he threatened to impose higher tariffs on more countries. He said these “reciprocity” responsibilities will be announced next week, which is consistent with the campaign’s commitment.
For a “beautiful” man who is obsessed with tariffs, who says they can raise trillions of dollars for the United States and are happy to threaten to use them to capture his country's largest trading partner, the president seems to be very cautious about pulling the trigger.
Three key reasons for doing this. The first one Trump talks about is that they use as a negotiation tool. “The tariffs are very strong economically and in getting everything else you want,” he told reporters this week.
But these potential uses (no matter how powerful) are alternatives, not supplements. The United States cannot raise billions of dollars from tariffs not imposed on Canada, as Justin Trudeau promised to appoint the “Fentanyl Tsar” and build a “strike force” to win Trump.
Second, the scale proposed by Trump will constitute an extraordinary experiment. Time and again, he outlined a historical overhaul of how the U.S. federal government introduced universal tariffs through universal tariffs on other countries (less tax rates for the world and Americans).
However, tariffs, while levied on goods from other countries, are paid by imported US companies. They are likely to challenge the U.S. demand for Canadian wood or Mexican avocado, hurting any country's economy, but only by increasing prices in the U.S. economy.
This makes us the third and perhaps the most important factor for Trump to be cautious. Should he move forward this strategy and move it beyond bold reality, who is the first to bear the brunt?
The president's own acknowledgement that tariffs could cause “some pain” in the United States. According to the Tax Foundation, many economists have developed further, warning of higher prices, weak growth and the average tax rise in average taxes in 2025 by more than $800 in terms of responsibility programs alone.
American businesses are also facing revenge. Companies including owners of Alphabet, Google and YouTube; PVH Corp, owner of fashion brand Calvin Klein; farming equipment manufacturers find themselves in China’s crosshairs after the U.S. imposes tariffs on the U.S. this week.
After years of rising inflation, millions of Americans remain under pressure. Trump resumed the White House after pledging to quickly lower prices time and time again. But tariffs have the potential to send them in the opposite direction.
Trump has had such a high political success rate over the past decade.
But those who voted for the president last November have reduced their financial burden on their confidence in him. Their cost of living—every time they fill up their cars, pick up groceries and open up their latest bills—is not affected by truth socializing, press conferences or rally posts.
You may also blink a few times and then take action, which many think will make the burden heavier.