Trump’s Tariffs: End of the Pause and the Dawn of Trade War
US President Donald Trump has made it clear – the 90-day tariff pause ends on July 9! After months of negotiations, if no deal is reached, sanctions and tariffs will hit like a thunderbolt out of the blue.
End of talks, start of war
Trump stated he will not extend the moratorium on tariffs for most countries. “We will see how countries treat us – well or not so well. If they’re not good, they’ll get a bunch of letters with tariffs ranging from 10 to 50 percent!”, said the US president.
China in the crosshairs
While Trump praised the recent trade deal with China on rare earth elements, he didn’t hide that Beijing will pay a heavy price. “We have a big trade deficit with China, they understand that, but they will pay a lot of tariffs,” Trump said.
Iran and sanctions
Trump is open to lifting sanctions on Iranian oil shipments if Iran can prove it can be peaceful and won’t harm the US anymore. But don’t expect this to be easy or quick.
Hacker wars and rhetoric
When asked about Chinese hacking attempts, Trump replied sarcastically, “Don’t you think we’re doing it to them too?” Clearly, the trade war is not the only front in the US-China conflict.
What’s next?
If negotiations fail, tariffs will kick in from July 9, affecting many countries. Trump said he can’t negotiate with all, so some will get “congratulations” in the form of high tariffs.
Conclusion
Trump’s policy is clear: either you agree with us or you pay the price. Will this bring fair trade or just escalate conflict? One thing’s for sure – the world will watch this trade drama unfold with bated breath.
So, what do you think? Which countries will survive this tariff storm, and which will be sunk? Drop a comment and let’s see who’s the real trade guru!
