There were big promises of deals being struck around the world after Donald Trump announced his “reciprocal” tariffs back in April. But those promises – “90 deals in 90 days” – are yet to materialise and now the president has moved the deadline for those deals from July to August.
The president said the plan was always to wait until August for tariffs to take effect, but not everyone’s convinced. Trump had already been give the ‘TACO’ nickname by Wall Street for not following through on his threats, and the latest delay on tariffs show the difficulty he’s having in bringing America’s trading partners on board.
For this episode, Marianna and Anthony are joined by BBC Economics Editor Faisal Islam, who talks through how many countries are fighting back against the U.S, who may also start to feel pressure from his own supporters if prices continue to rise at home.
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