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News in English (USA) / 20.01.2025 / 23:00

Trump Delays Tariffs But Plans Trade Overhaul

In a surprising move, Donald Trump has decided not to impose any new tariffs on his first day in office, easing immediate trade war fears. Instead, he is setting the stage for a broader trade vision aimed at reshaping economic policies. While no tariffs will be enacted right away, there are indications that Trump still intends to implement significant trade actions in the near future. The delay has prompted a positive response in the markets, with the dollar sliding and stock futures rising. Economic analysts are bracing for potential gradual tariff hikes and exploring how businesses can prepare for this shifting landscape. Though Trump promises no tariffs on Day 1, the looming threat still hangs over various sectors and global supply chains.
Reuters, The Wall Street Journal, The Economist, The New York Times, The Associated Press, Al Jazeera English, CNBC, Detroit Free Press, Axios, Financial Times