Typical Trump brinkmanship….
Should be NO surprise….
Actually?
With the Supreme’s on his case about him abusing tariff’s rules?
Trump has dropped or lowered most of his tariff actions around the world….
But there IS Billions that would be open for refunds due to numerous suits if Trump’s actions where found to be illegal by the High Court….
In an abrupt about-face, President Trump said he was calling off planned tariffs on European nations over his pursuit of Greenland. Trump cited the “framework of a future deal” reached with NATO Secretary General Mark Rutte.
“This solution, if consummated, will be a great one for the United States of America, and all NATO Nations. Based upon this understanding, I will not be imposing the Tariffs that were scheduled to go into effect on February 1st,” Trump wrote on Truth Social.
The turn in direction came after Trump arrived at the World Economic Forum in Davos, Switzerland, on Wednesday, with his revived tariff threats against allies over his pursuit of Greenland having roiled markets and upended trading relationships forged just months earlier….
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Trump’s Tariff’s Overview…..
Studies have shown that the tariffs have increased expenses and reduced earnings for companies[12][13][14][15] and have increased costs for households.[16] Estimates from Goldman Sachs show that the tariff incidence is paid 40% by US consumers, 40% by US businesses, and 20% by foreign exporters.[17][18] Jobs growth slowed in 2025 and the promised growth in manufacturing jobs has not been realized.[19][20] The tariffs have led to policy uncertainty and prompted a drop in consumer confidence.[21] More than half of Americans blamed the Trump administration responsible for the rising cost of living[22] and disapproved of the Trump administration increasing tariffs.[23] Corporate bankruptcies in the United States increased to the highest level since 2010.[24][25][26] However, although many economists and economic research bodies predicted slower growth and even a possible recession due to the tariffs, U.S. GDP has continued to grow, which partially has been attributed to backtracking by Trump off of the initial high tariff rates.[27][28]…..
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Specific chart of Trump Tariff’s…..
Note…
A rulling by the High Court on Trump’s tariff actions has not come down and is not expected before late February at the earliest….
In arguments before the court it seemed that a mojrity of justice’s where doubtfull of Trump’s power to enact them…
Trump has been crying outloud about what would happen if his actions are overturned….
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