U.S. trade policy is zigzagging like a TikTok trend, leaving markets and allies dizzy. This week, President Donald Trump paused 25% tariffs on most goods from Canada and Mexico—but the relief is temporary, with exemptions set to expire on April 2. The move adds fresh uncertainty to North America’s economic stability.
Tariff Twists Spark Uncertainty
The policy whiplash began in February when Trump imposed tariffs, delayed them, then reinstated them in March. Days later, after meeting U.S. automaker executives (think Ford and GM ), he suspended tariffs again. This erratic pattern has businesses and governments scrambling to keep up—and experts warn the drama isn’t over.
Trudeau’s Tough Stance
Canadian Prime Minister Justin Trudeau isn’t holding back. In a recent speech, he called the U.S.-triggered trade war a ‘direct result’ of American actions. ‘We’ll be in this fight for the foreseeable future,’ he declared, after Canada retaliated with $107B in tariffs on U.S. goods.
‘Bluster Over Strategy’
Wang Yiwei, a Renmin University expert, argues Trump’s flip-flopping reveals weakness. ‘These policies are about show, not strength,’ he said, adding that U.S. industries and consumers could suffer most if other nations push back.
With April’s deadline looming, markets are bracing for more turbulence. Will Washington hit the brakes—or accelerate the trade war? Stay tuned.
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Twists and turns: Trump's trade policy threatens economic stability
cgtn.com