The TACO meme is so perfect. Because Trump, as all bullies do, does chicken out. A lot! And not just to China and the tariffs.
The latest news on tariffs is Trump’s threat on Russia. Trump announced Russia will face 100% “secondary” tariffs if there isn’t a ceasefire deal between the country and Ukraine in 50 days. “We want to see it end, and I’m disappointed in President Putin because I thought we would’ve had a deal two months ago but it doesn’t seem to get there.”
Other recent threats include a 50% tariff on Brazil for the trial against its former president. Mr. Trump’s pledge to place tariffs on imports from Brazil is partly in retaliation for what he considers a “witch hunt” against his political ally, the former Brazilian president Jair Bolsonaro, who is facing trial for attempting a coup.
It should be obvious that Trump sees tariffs as his best way to influence world order. He doesn’t see his method as chickening out. He sees his threats of getting his way as success.
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