Spiring trauma reversions mean that Trump's unpredictable trading policy is as clear as mud | Trump -Zölle

According to Donald Trump, who came back to the White House and promised to crush the status quo, decades of economic orthodoxy failed. But the details of his alternative – just as his administration claim that America will make America great again – change day by day.

This week, the US President declared the key milestone of his second term when he unveiled his first major trade agreement since his return to the office after the talks were accelerated with Great Britain.

But Trump's position, however, came from tariffs to strollers and films to the question of whether his government wanted to increase such global business at all to postpone the hour.

Companies around the world have tried to deal with the rapid rate of the president's kneecaps: Where politics can be announced, adapted and put up so quickly how the leader of the free world can publish a social media post.

“There is so much uncertainty,” said Jerome Powell, chairman of the Federal Reserve (and persona non grata in Trumpworld) on Wednesday. “When you talk to companies, market participants or forecasters, everyone only waits for how the developments develop.”

Take strollers. This was the week when Trump argued that some prices are more important than others.

After he promised to reduce prices, he wanted to concentrate on those who had fallen during an NBC news interviews that was broadcast last weekend. However, his interviewer found that some had risen: With an estimated 97% of the strollers bought in the USA in China, prices have increased significantly since Trump won the tariffs in the country dramatically.

The president had nothing of it. The (falling) fuel price is “more important than a stroller a thousand times,” he said. Later in the interview, he demanded more positive questions. “Because they know something? Petrol of big business,” he said. “A stroller is not a big business.”

The news could hardly have been clearer on Sunday. Sure, strollers may be more expensive – but “these are peanuts” in the great scheme of things. Other costs are more important.

The administration moved in a different direction until Wednesday. Possible tariff exceptions for childcare and baby products – such as car seats, children's beds and, yes, prams – were “considered”, the finance minister Scott Bessent told Congress.

Then there were films. This was also the week when Trump emphasized for Hollywood.

The President abruptly announced his concern that Hollywood died “a very quick death” over the weekend. A 100% tariff would be imposed on “all films that are produced in our country that are produced in foreign countries”, he wrote about the social administration of truth.

Many US blockbusters are produced, rotated and edited in different countries. There were no details of how the guideline would be executed. It was unclear which films and no tariffs would and would be exposed.

Skip the past newsletter -promotion

After newsletter promotion

But on Sunday the news could hardly have been clearer. Hollywood had been “destroyed” elsewhere by the rise of film production; This was a national security threat; And US officials would start working on steep tariffs immediately.

The administration moved in a different direction by Monday. The spokesman for the White House, Kush Desai, said in a statement that “no final decisions” had been made and the administration “examined all options”.

And take shops. This was also the week when Trump, author of Trump: The Art of the Deal, announced that he was finished with them.

On the campaign path, he repeatedly promised to negotiate agreements, end the wars and tilt the global economy in the favor of his country. But at the beginning of this week, surrounded by cameras in the Oval Office, the president complained that the media were fixed.

“You continue to write about offers, offers,” he said reporters. “I wish you would stop asking how many offers sign this week? 'One day we come and give you a hundred offers.

“And I think my people didn't make it clear,” said the president. While the United States will sign “some shops”, the tariffs were a “much larger” focus. Overseas companies “have to” pay to buy in the USA, “he added.” Imagine us as a great luxury business. “

The news could hardly have been clearer on Tuesday. Trade agreements were not the A and all. The United States will request the trading partners, and if you do not agree, you will continue to meet you with fiefs.

The administration moved in a different direction by Thursday. Trump revealed a “maximum deal we make bigger” and explained that a trade agreement with Great Britain would only be the first.

In reality, the UK-USA deal was unfinished. The announcement felt hasty: the diplomatic equivalent to organize a wedding reception after the engagement, but before the ceremony. Both Trump and Keir Starrer, the British Prime Minister, admitted that certain details had to be completed.

But the president was gone – “many trade agreements in the funnel, all the best (great!)”, He wrote the following day about the social of truth – which brings us to China.

In this administration, no economy was hit more aggressive or harder. Trump insisted that pain, be it higher prices or empty shelves, is worth rewarding because Washington pushed back hard back against Beijing. “Everything will be worth the price that has to be paid,” he wrote about his tariff strategy in February.

Trump triggered a trade war between the two largest economies in the world by increasing the US tariffs to Chinese goods to 145%, which led a quick retaliation. “You deserve it,” he told ABC News last week. “They pulled us off as if nobody had ever torn us off.”

But today the administration seems to move in a different direction. Besser was sent to Geneva to negotiate with Chinese officials.

The president, who claimed for months that the United States had to keep the border against China, emphasized that the finance minister had held this talks – but thrown in his two cents. “80% tariff for China seems to be correct,” he wrote about the social truth and proposed a drastic reduction. “To Scott B.”

What happens next is someone's assumption. But it can certainly say that it will probably not be with Scott B.