February 1
Donald Trump publicizes 25 per cent tariffs on imports from Canada and Mexico — besides Canadian power, to be tariffed at 10 per cent.
US hits China with 10 per cent tariffs.
In response, Canada places 25 per cent tariffs on C$30bn (US$20bn) of US imports, rising to C$155bn after 21 days.
Mexico guarantees tariffs and different retaliatory measures. China guarantees “essential countermeasures”.
Trump doesn’t put tariffs on EU items, which he had threatened to do.
February 3
Hours earlier than they’re to come back into drive, Trump delays tariffs on Canada and Mexico by a month.
European leaders vow to hit back if Trump assaults with tariffs.
February 4
Trump’s 10 per cent extra tariffs on China take impact.
China announces tariffs on US items value about $14bn and revives antitrust investigations into Google and Nvidia.
February 10
Trump announces 25 per cent tariffs on metal and aluminium imports with impact from March 12.
February 14
Trump reveals plan to impose “reciprocal” tariffs on US buying and selling companions, whether or not allies or adversaries.
February 26
Trump threatens the EU with 25 per cent tariffs, saying the bloc was “shaped to screw the USA”.
March 4
Trump’s tariffs towards Canada, Mexico and China introduced on February 1 come into effect.
Trump doubles his tariffs on Chinese language imports to twenty per cent, from the (extra) 10 per cent introduced on February 1.
In response, Beijing guarantees 10-15 per cent tariffs on US agricultural items from March 10.
Canada’s countermeasures come into effect.
March 5
Trump backtracks, saying carmakers compliant with 2020’s commerce deal between the US, Canada and Mexico (USMCA) will get a month-long carve-out from his 25 per cent tariffs.
march 6
Trump backtracks additional, granting a one-month carve-out to all items from Mexico and Canada which are compliant with USMCA. The carve-out extends to April 2 — dubbed by Trump as “liberation day”.
march 10
Canada’s province of Ontario places 25 per cent tariffs on electrical energy exports to 3 US states and threatens to chop off energy if Trump retaliates. Trump retaliates by doubling tariffs on Canadian metal and metals to 50 per cent. Ontario backs down the following day, as does Trump.
march 12
The EU and Canada retaliate towards Trump’s tariffs on metal and aluminium.
march 24
Trump publicizes extra 25 per cent tariffs on all imports from countries that buy Venezuelan oil — with impact from April 2.
march 26
Trump publicizes 25 per cent tariffs on imports of foreign-made cars and automotive components, along with different relevant tariffs, with impact from April 2.
The US’s greatest buying and selling companions threaten to retaliate.
