(Reuters) -The twists and turns in U.S. President Donald Trump’s tariff policies have not only rattled global financial markets but have also taken investors on a roller-coaster ride.
Adding to the uncertainty are tariff-related legal challenges and Trump’s assertion that he would hammer out bilateral deals with trade partners.
Earlier this week, Trump ramped up his trade war telling 14 nations, from powerhouse suppliers such as Japan and South Korea to minor trade players, that they now face sharply higher tariffs from a new deadline of August 1.
He also said he would impose a 50% tariff on imported copper and Brazilian goods sent to the United States.
On July 10, Trump said the U.S.
would impose a 35% tariff on imports from Canada next month.
Here’s a timeline for key upcoming events and dates that could have a bearing on the U.S. tariff policy:
July 14:
The EU’s 90-day pause on its own retaliatory tariffs to end.
July 20-22:
Philippines’ president to discuss tariffs in meeting with Trump in Washington.
July 21Original date set by Canadian Prime Minister Mark Carney to negotiate trade deal with Washington.
August 1:
A higher tariff rate on imports from several countries is set to take effect, following a postponement from the original July 9 implementation date.
(Reporting by Sameer Manekar, Abhinav Parmar and Aatreyee Dasgupta in Bengaluru; editing by Arpan Varghese, Anil D’Silva, Shinjini Ganguli and Maju Samuel)
