Donald Trump was involved in his element at the Oval Office this week. The billionaire was surrounded by a camera by the camera and questions about whether he was really ready to take on a trade war against close neighbors of the United States, the president spoke strongly.
Through their words, powerful economies were bent about it. Hours ago, Mexico announced several steps to make its border shore, forcing the White House to postpone 25 % of its taxes on all its goods. Canada will announce similar measures, and will recover similarly at the end of the same day.
Nevertheless, a reporter had a team to ask if Trump had blink. He claimed that “there was no eyeball here,”
In fact, something was blinking – for the third time in two weeks. According to Trump, prices are a “beautiful” means of reviving the US economy. But when the push has come to provoke, it has repeatedly pulled back from the edge.
With Canada and Mexico, the preliminary commitment of imposing taxes from a day of its new administration, without explanation, moved on February 1. When around February 1, February 4 became a new deadline.
Subsequently, with Canada and Mexico every hour, everyone promised that a large number of personnel (10,000, give or take) the United States will staff their own borders, and security To make some relatively vague promises to make, Trump kicked the cans. Under the road for a month.
White House What Lose a tax on all exports from China to the United States, as is a threat, though the 10 % rate was significantly lower than 25 % for Canada and Mexico. A call has been made between Trump and Chinese President Xi Jinping, which has increased the chances of another fast recovery.
And when Trump claims that he has no rush to pick up a phone, an important component of revenue on China – which ensures that he was accused of batch of less than $ 800 from the country, in which A long -standing flaw was stopped – quietly delayed. , Clearly for administrative reasons.
When it was revealed on Friday that the elimination of D -Minemic waiver was delayed, Trump made sure to threaten more prices on more countries. According to a promise to the campaign, these “mutual” duties will be announced next week.
For a person suffering from the “beauty” of prices, who says they can raise trillions of dollars for the United States, and that happily threatens to use their country’s biggest trading partners Will, the president seems to be very cautious about pulling the stimulus.
There are three main reasons for this. First, what Trump has talked about is his use as a negotiating device. He told reporters this week, “In order to get everything economically and customized, the prices are very powerful.”
But these potential use – though powerful – are alternatives rather than complementary. Canada says the United States cannot collect billions from a tariff, as Justin Trudeau won Trump by promising to set a “fantasy roser” and establish a “strike power”.
Secondly, the measure of Trump’s proposal would be equivalent to an extraordinary experience. Repeatedly, it has not diminished with the historical revision of how the US federal government raises money – imposing more taxes to the world, and introducing universal prices to Americans less – other countries.
But prices, while other countries are imposed on goods, are paid by US firms that import them. They can well challenge us to the demands of Canada’s Lamber, or Mexico Eukados, which has damaged the two country economies – but only by raising prices in the US economy.
This brings us to the third and perhaps most important, factor behind Trump’s precaution. Should he move forward with this strategy, and it should be taken out of the bullyter?
Rate through the president’s own admission can cause “some troubles” in the United States. Many economists have been a bit ahead, which has been warned for more prices, weak growth and – only for the package of duties on Canada, Mexico and China – an average of more than $ 800 per US domestic in 2025 There has been an increase. According to To the Tax Foundation.
US businesses also face retaliation. Google and YouTube owners, including the alphabet. PVH Corporation, owner of fashion brand Calvin Klein; And farming equipment manufacturers found themselves in the cross -hirse of China after imposing US prices this week.
Millions of Americans have been under pressure after inflation in many years. Trump regains the White House after repeatedly reducing prices, repeatedly, promises. But the prices are threatened to send them to the opposite direction.
Over the past decade, Trump’s so much political success has been made through his extraordinary ability to control the story, and the use of reality rhetoric.
But last November, those who voted for the president trusted them to reduce their economic burden. The cost of living their lives – whenever they fill their cars, pick up the grocery and open the latest bills – the truth is not controlled through posts on social, press conferences or meetings.
You also blink a few times before taking action, many people believe that the burden will be heavy.
