President Trump described the word tariff “The most beautiful word in the dictionary”. He imposed strong tariffs during his first term and promised expansive new ones when he followed his second. On his first day in January in the White House, he gave an executive order in which his cabinet picks were listed to prepare even more tariffs.
In the first 50 days of his second term, these comprehensive actions have built diplomatic ties, shaken markets and the confusion of the whole industries. But President Trump's Whipsawing commitment for his tariffs he held, which he held, sometimes almost withdrawn – almost as soon as they came into force.
Here is a timeline of President Trump's expansion – and constantly postponement – tariffs, which from Thursday included a threat of 200 percent of alcohol from the European Union.
January 20 🇨🇦 🇲🇽 🇲🇽
Hours after he was sworn in, Mr. Trump announced that from February 1, he would implement additional 25 percent tariffs for imports from Canada and Mexico, and did not accuse both countries to stop the drug flow and migrants to the USA. Read more>
January 26th 🇨🇴
Mr. Trump even surprised some of his own employees and announced on social media that he would immediately impose 25 percent tariffs from Colombia – and would increase them to 50 percent in a week – after their government had turned back airplanes with deported immigrants. Colombian President Gustavo Petro briefly threatened his own tariffs. But he quickly retired and soon also Mr. Trump. That evening, the White House published an explanation in which the government of Colombia “approved all the conditions of President Trump”, and the “tariffs and sanctions are held in reserve”. Read more>
February 1st 🇨🇦 🇨🇳 🇨🇳
Mr. Trump signed an executive regulation with 25 percent tariffs for almost all goods from Canada and Mexico and a 10 percent tariff in China. The president said the tariffs were raised in response to his concerns about fentanyl smuggling and illegal immigration. Canada and Mexico said they would return with their own tariffs. China threatened “countermeasures”. Read more>
February 2nd 🌎
In view of a widespread criticism of its tariff threats and its possible consequences for the economy, Trump recognized the possible negative consequences of tariffs on social media. “Will there be pain? Yes, maybe (and maybe not!)”, He said.
February 3rd 🇨🇦 🇲🇽 🇪🇺
Mr. Trump agreed to a 30-day break of his tariffs in Mexico and Canada and at the same time threatened new tariffs against the European Union. Read more>
4th February 🇨🇳
Mr. Trump's 10 percent tariffs for Chinese imports came into force, and China reacted with a number of retaliation measures, including additional tariffs for products from the USA. Read more>
February 7th 🌎
Mr. Trump said that he would expand his trade war and introduce mutual tariffs to other countries, but did not state which countries would be affected. Read more>
February 10th
Mr. Trump again had a 25 percent tariff on all foreign steel and aluminum and started an old fight from his first term. Read more>
February 13th 🌎
Mr. Trump describes a plan for wide mutual tariffs for America's trading partners, which would be a dramatic revision of the global trading system. The goal is to force companies to bring production back to the United States. Read more>
February 14th 🌎
Mr. Trump said that he would continue with a plan on April 2, not to improve tariffs on foreign cars. He said he planned to announce the tariffs on April 1, what the April Fool's Day was, but it initiated it because he was “a little superstitious”. Read more>
February 25 🌎
An executive regulation directed Mr. Trump's Minister of Commerce, Howard Lutnick, to investigate whether the foreign production of copper was a risk of national security and increased the prospect of the material. Officials from the White House did not say how much these tariffs would be or when the examination could complete. Read more>
February 27th 🇨🇦 🇨🇳 🇨🇳
The president said that the tariffs against Canada and Mexico – and an additional 10 percent tariff for Chinese goods – would come into force on March 4. He said on social media that the campaign was necessary because “drugs still in our country from Mexico and Canada flock to our country on a very high and unacceptable level”, an assertion that was not always supported by reports from the US government. Read more>
March 1st 🇨🇦
Mr. Trump instructed Mr. Lutnick to investigate whether the imports of wood threaten American national security. The results of the examination could lead to more tariffs for Canada, the largest exporter from wood to the USA. Read more>
March 4th 🇨🇦 🇲🇽 🇨🇳
Customs on imports from Canada, Mexico and China come into force. The nations are the largest trading partners in the United States. Prime Minister Justin Trudeau from Canada reacted with 25 percent of American goods with 25 percent. Read more>
March 5th 🇨🇦 🇲🇽
Using the US car manufacturer, Mr. Trump said that he would pause tariffs for cars in the USA for a month. The announcement came after organizing the representatives of General Motors, the Ford Motor Company and Stellantis.
In a press conference, President Claudia Sheinbaum from Mexico said that the Mexican government would announce retaliation on March 9 if the tariffs remained.
March 6th 🇨🇦 🇲🇽
As they were in Mr. Trump's first term, many of the tariffs are suspended on Canadian and Mexican products. Mr. Trump said that his reverse of the tariffs he classified as important for the security of America had “nothing to do with the market” after the tariff messages had sent shock waves through the economy. He said
March 10th 🇨🇳 🇨🇦
The Chinese government began to impose tariffs from the USA from the USA. The tariffs included another 15 percent for American farm products such as chicken and corn and 10 percent in products such as soybeans and fruit.
Ontario, Canada's most populous province, announces his own tariffs, including a 25 percent surcharge for the electricity exported according to Michigan, Minnesota and New York. Read more>
March 11th 🇨🇦
Mr. Trump is angry with what he characterizes as a “abuse of Canada” and threatens the tariff for Canadian steel and aluminum imports in response to the electricity surcharge. Both sides came back after several hours. Doug Ford, the Prime Minister of Ontario, said he would suspend the electricity surcharge, and Mr. Trump said he would “probably” reduce the tariff for Canadian metals. Read more>
March 12th 🇨🇦 🇪🇺
The European Union and Canada announced billions of dollars of retaliatory tariffs for US goods, but the European heads of state and government said they would hold back their tariffs by April 1 – which made it clear that they would not arise not to issue them, and instead negotiate with Mr. Trump. “Customs are taxes,” said Ursula von der Leyen, the president of the European Commission, the executive arm of the block. Read more>
March 13th 🇪🇺
Reference to the plans of the European Union for 50 percent tariffs for US whiskey and several other American products that will occur on April 1, Mr. Trump is floating one of his greatest tariff threats so far: a fee of 200 percent for all wines, champagne and alcoholic products from the EU. Read more>