Over 100 days have passed since Donald Trump launched his new tariff policy, calling it a "Liberation Day." This period allows for analysis of how the US approach is changing global trade.
International media call the new system one of imperialist preferences: countries that import more from the US receive lower tariffs, while those exporting more to the US pay higher rates. For example, Brazil was hit with a 50% tariff, but Brazilian coffee found a new market in China. Such news regularly appears in world media.
Canada has come under pressure over its potential recognition of Palestine, and the US has imposed 35% tariffs even on countries with established trade deals. EU countries and other allies often accept new obligations to avoid harsher terms, but the effects are palpable—higher prices and new costs for business.
The average US tariff rate has already jumped to 18%—an eightfold increase over a year. If Trump carries out his full plan, tariffs could reach Depression-era levels. Revenue from tariffs adds to the US budget, but the burden falls mainly on American consumers and businesses. Analysts note that most of the cost is borne by them.
Many companies are looking to sidestep the new tariffs: changing countries of origin, relocating manufacturing, or exploiting loopholes in international protocols and bureaucracy. Examples include product reclassification or using long-standing agreements to reduce tariff exposure.
Meanwhile, the US economy continues to grow, driven especially by investments in artificial intelligence and technology, though market uncertainty persists. Both businesses and consumers are gradually feeling the impact of the new tariff policy.
The instability caused by shifting tariff rules and the president's ability to change them quickly pushes investors to seek safe assets like land acquisition. The author suggests investment as a way to preserve capital.
In summary, the new US tariff strategy may bring short-term gains but creates uncertainty and risk for the global economy.
