US tariffs effects on the Philippines

Trump's "on and off" implementation/deadlines on the massive tariffs on almost 100 countries in the world are mind boggling and almost weird.

- Ruben Almendras

There have been three or more changes/postponements, depending on the economic and political reactions in the US and in the targeted countries. The consequences on the Trump administration and on the Republican Party were also major considerations on the varying/wavering tariff decisions.

Last week’s 90-day delay on most of the tariffs except for China, means that the Trump administration was feeling the strong opposition by most American businessmen and citizens, due to the short-term and probable long-term effects of the tariffs on them. The simultaneous drop in prices in the US Stock and Bond market, together with the falling World’s Stock prices, made Trump backtrack and postpone the tariffs for 90 days. It is still uncertain what will happen after 90 days.