It was not a hoax, and the definitions here – this is just the opening of the opening from the Oval Office.
The global trading system was not here before. The slide is towards a wider commercial dispute over the cards, as President Trump is a similar tariff first against Europe, then at a lower level globally.
But what matters as much as the measures taken by the United States is how the rest of the world responds.
This, in turn, requires a judgment on what the president is already trying to achieve.
Trump regularly changes the logical basis for customs tariffs – either to form diplomatic change, to deal with commercial imbalances or raise major revenues.
These goals of politics cannot be achieved at the same time.
For example, learning from an experience The first period of Trump “China Deal”, Western diplomats were scrambling to find lists of American commodities that they might buy more, in order to give the White House some victories.
Europe can say that it increases its purchases of its American shipments of LNG, weapons or magnets specialized for wind farms.
It really doesn't matter whether these trends are already on the train, as long as the American president can be allowed to photograph “victory”.
But does the business deficit numbers really change the goal here?
Officially, the logical basis for Trump's step is the punishment for trade in artificial opioid, but this is widely seen as a legal excuse to take a “emergency” action, which usually requires a decision in Congress.
Canada indicated that the matter will take a strong approach to Trump, which the competitor is better explained to be the next Prime Minister in the country, Mark Carney.
“We will discuss … a dollar against the dollar,” he told the BBC.
This is important, whether Carney Khalaf Justin Trudeau ends up heading the Group of Seven, a group of the seven “advanced” economies in the world.
As a former governor of England, Carney Trump on the global stage at the Group of 20 and G7 meetings directly and clearly concluded that the American leader only respects power.
He had an encrypted warning for any country seeking to stay calm and not to attract the attention of the president: “Good luck.”
In the recent talks I had with European Trade negotiators, they emphasized cooperation and partnership, as well as deals with the United States. When asked, they avoided direct criticism until the exceptional proposal to use definitions against NATO Denmark's fate.
The real question here is whether the rest of the world, even implicitly, coordinate the revenge definitions on, for example, the prominent supporters of President Trump, such as Elon Musk, a typical feature of previous younger conflicts.
Tesla, the MUSK electric car maker, warned, last week of the impact of definitions on the dream.
All this will aim to make the competing courts around the Oval Office and the interests in Congress, confirming their concerns about the influence on global exports of American factories.
This is all before influencing US local prices.
This can also come, more attractive, by applying the planned carbon trade in various judicial states.
How to play this exactly depends on the perceptions of the strength of the United States.
Some countries may conclude that these days, there are other options in the world.
With the tariffs of threats that are sprayed in multiple directions every day, the world is in an unknown area.
