CX Daily: Trump’s Tariff-by-Tweet Tactics Are Pushing Global Trade Into Perpetual Uncertainty
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Donald Trump and European Commission President Ursula von der Leyen announced after a July 27 meeting in Turnberry, southwest Scotland, what they called the largest U.S.-EU agreement in history. The EU later said it was a political accord without legal force. PhotoL VCG
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Tariffs /
Cover Story: Trump’s tariff-by-tweet tactics are pushing global trade into perpetual uncertainty
President Donald Trump’s trade policy has entered a new, chaotic phase, where structured negotiations give way to abrupt threats and legally nonbinding agreements that have left global commerce in a state of constant tension.
After several delays, Trump’s “reciprocal tariffs” took effect on Aug. 7, hitting 67 countries with tariffs ranging from 10% to 41% — but leaving others to guess what comes next.
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