India, China, Canada & more: 10 countries still under Trump’s tariff squeeze and why
President Trump's trade policy is increasingly utilizing tariffs and sanctions against various countries for non-trade reasons, such as immigration and drug trafficking. This unpredictable approach has created significant economic friction for allies and trading partners alike.
Why it matters
The shift toward using trade policy as a tool for geopolitical leverage creates uncertainty for global supply chains and international diplomatic relations.
From India and Canada to Iran and Venezuela, the countries may be thousands of miles apart and have little in common economically. Yet they have found themselves facing the same problem: an unpredictable US trade policy under President Donald Trump, in which tariffs and sanctions are being deployed for reasons that go beyond conventional trade disputes.Trade deficits remain a key justification for many measures, but Trump has increasingly tied economic pressure to wars, Russian oil, fentanyl, immigration, deportations, drug trafficking, nuclear programmes and even the domestic policies of US allies.That sequence of threaten, negotiate, delay, collapse talks, retaliate and threaten further escalation has become a defining feature of Trump's approach, making the tariff regime difficult for governments and businesses to predict.10 countries under lensHere are 10 countries that have been squeezed under Trump's tariff and sanctions net for reasons beyond just trade1.
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