TIMELINE-Trump trade war: Tariff deadlines and key upcoming events
U.S. President Donald Trump's tariff policies have created significant uncertainty in global markets. Recently, he announced increased tariffs on 14 nations, including a 50% tariff on imported copper and a 35% tariff on Canadian imports. Key upcoming dates include the end of the EU's 90-day pause on retaliatory tariffs on July 14, discussions with the Philippines' president from July 20-22, and a new higher tariff rate set to take effect on August 1.
July 11 (Reuters) - The twists and turns in U.S. President Donald Trump’s tariff policies have not only rattled global financial markets but have also taken investors on a roller-coaster ride.
Adding to the uncertainty are tariff-related legal challenges and Trump’s assertion that he would hammer out bilateral deals with trade partners.
Earlier this week, Trump ramped up his trade war
telling 14 nations
, from powerhouse suppliers such as Japan and South Korea to minor trade players, that they now face sharply higher tariffs from a new deadline of August 1.
He also said he would impose a 50% tariff on
imported copper
and
Brazilian goods
sent to the United States.
On July 10, Trump said the U.S. would impose a
35% tariff
on imports from Canada next month.
Here’s a timeline for key upcoming events and dates that could have a bearing on the U.S. tariff policy:
July 14: The EU’s 90-day pause on its own retaliatory tariffs to end.
July 20-22:
Philippines’ president to discuss tariffs in
meeting
with Trump in Washington.
July 21
Original date set by Canadian Prime Minister Mark Carney to negotiate trade deal with Washington.
August 1:
A higher tariff rate on imports from several countries is set to take effect, following a postponement from the original July 9 implementation date.
