The post ‘TACO Trump’ Has Changed His Mind 28 Times Since ‘Liberation Day’ appeared on BitcoinEthereumNews.com.

Topline The months since President Donald Trump’s April “Liberation Day” tariff announcement have been defined by constant reversals over how the White House is handling its signature economic policy, with Trump’s decision to extend his tariff pause until Aug. 1 becoming the latest in a long string of about-faces that has Wall Street declaring the president “always chickens out.” President Donald Trump has frequently flip-flopped on his tariff policy in the months since … More “Liberation Day.” Anna Moneymaker/Getty Images Timeline April 2 (Flip-Flop No.1)Trump formally rolled out his “Liberation Day” tariff policy at the White House, imposing sweeping tariffs on nearly all countries—and reversing course on earlier pledges he made about them, exempting “copper, pharmaceuticals, semiconductors, lumber articles, certain critical minerals, and energy and energy products” despite the White House previously claiming there would be no carveouts. Flip-Flop No. 2The final “Liberation Day” tariffs also weren’t fully “reciprocal” tariffs that matched the rate each country charges for U.S. imports, as Trump had promised, with the president instead saying “the tariffs will be not a full reciprocal” because “it would have been tough for a lot of countries and we didn’t want to do that.” Flip-Flop No. 3After promising the tariff rates would be calculated using a sophisticated formula based on both existing tariffs and non-tariff barriers with each country, experts determined the final “Liberation Day” rates were instead calculated by just dividing a country’s trade surplus with the U.S. by its export value. April 3 (Flip-Flop No. 4)Hours after Trump’s trade advisor Peter Navarro claimed on CNBC the administration’s tariff rates were “not a negotiation,” Trump told reporters he was open to making deals with other countries “as long as they’re giving us something that’s good.” April 4-7 (Flip-Flop No. 5)Trump and his advisors offered shifting views in the…

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Filed under: News - @ July 14, 2025 11:20 am