"Trump said he would impose an additional 100% tariff on Canadian goods if Prime Minister Mark Carney - whose blunt Davos speech irked Trump - moved ahead on a trade deal with China. Carney agreed earlier this month to reduce trade barriers after a visit to Beijing, where he called Canada's relationship with China "more predictable" than its current ties with the U.S."
"Trump threatened this week to raise tariffs on South Korean goods, potentially restoring levies to the pre-deal rate of 25%. The rationale: Trump said South Korea's legislature was not moving quick enough to finalize its U.S. investment pledges. (None of the Trump 2.0 trade deals have been ratified by Congress.) Trump's top trade official, Jamieson Greer, told Axios at the World Economic Forum last week that Europe was also lagging in ratifying the U.S.-EU trade deal."
"Trump backed off his market-rattling threat to impose tariffs on NATO allies over Greenland - but the episode underscored his willingness to revive tariff threats even against partners with signed agreements. That uncertainty has become a running theme: deals that once provided predictability to Wall Street and corporate America can now be tossed aside at any moment, for seemingly any reason. Trump has claimed that the U.S.-Mexico-Canada Agreement (USMCA) - his signature first-term overhaul of NAFTA - is "irrelevant" to the U.S."
Trump has threatened a 100% tariff on Canadian goods tied to Prime Minister Mark Carney's engagement with China, framing the move as a warning to other Western leaders. He threatened to raise tariffs on South Korean goods, potentially restoring rates to 25%, citing slow legislative action to finalize U.S. investment pledges. None of the Trump 2.0 trade deals have been ratified by Congress. Trump revived willingness to threaten tariffs against NATO allies over Greenland and labeled the USMCA "irrelevant," creating uncertainty that can undo previously predictable trade arrangements.
Read at Axios
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