Will the return of Donald Trump’s “reciprocal” tariffs mean the resumption of full-scale trade wars with U.S. economic partners? That remains to be seen, but some are already showing signs of flinching.
The president said on Tuesday that his administration would not implement any further “delays” in the resumption of his planned tariffs of as high as 50 percent on some countries. As the supposedly final deadline returns, several countries that have lingering unresolved disputes with the U.S. could return to a tested and familiar practice: putting the squeeze on red states and GOP-held districts.