{"id":7899,"date":"2026-02-21T20:00:18","date_gmt":"2026-02-21T20:00:18","guid":{"rendered":"https:\/\/friscotimes.org\/?p=7899"},"modified":"2026-02-22T00:44:09","modified_gmt":"2026-02-22T00:44:09","slug":"world-shakes-its-weary-head-at-more-trump-tariff-chaos-as-he-says-a-lot-of-things-and-many-of-them-arent-true","status":"publish","type":"post","link":"https:\/\/friscotimes.org\/?p=7899","title":{"rendered":"World shakes its weary head at more Trump tariff chaos as he ‘says a lot of things, and many of them aren\u2019t true’"},"content":{"rendered":"\n
\n

The latest twist in the\u00a0U.S. tariff roller coaster ride<\/a>, launched when President Donald Trump returned to office 13 months ago and upended dozens of trading relationships with the world\u2019s biggest economy, roiled trade officials from South Korea to South America and well beyond.<\/p>\n

South Korea\u2019s Trade Ministry called for an emergency meeting Saturday to understand the new landscape. Some specific exports to the U.S., like automobiles and steel, aren\u2019t affected by the U.S. high court decision. Those that are affected will likely now be covered by a new 10% tariff imposed by an executive order Trump signed Friday. Trump announced Saturday morning that he would\u00a0raise the tariff to 15%<\/a>.<\/p>\n

In Paris, French President Emmanuel Macron hailed the checks and balances in the United States, praising the \u201crule of law\u201d during a visit to a Paris agricultural fair: \u201cIt\u2019s a good thing to have powers and counter-powers in democracies. We should welcome that.\u201d<\/p>\n

But he cautioned against any triumphalism.<\/p>\n

Officials were going over the language of bilateral or multilateral deals struck with the U.S. in recent months, even as they braced for new swings. Trump said Friday he plans new 10% global tariffs, under different rules.<\/p>\n

\u201cI note that President Trump, a few hours ago, said he had reworked some measures to introduce new tariffs, more limited ones, but applying to everyone,\u201d Macron said. \u201cSo we\u2019ll look closely at the exact consequences, what can be done, and we will adapt.\u201d<\/p>\n

Businesses brace south of the border \u2014 and beyond<\/h4>\n

Alluding to the new 10% tariff threat, Sergio Berm\u00fadez, head of an industrial parks company in Ciudad Ju\u00e1rez, Mexico, along the Texas border, said Trump \u201csays a lot of things, and many of them aren\u2019t true. All of the businesses I know are analyzing, trying to figure out how it\u2019s going to affect them.\u201d<\/p>\n

The impact could be felt especially in Juarez: Much of its economy depends on factories producing goods to export to consumers in the U.S., the result of decades of free trade between the U.S. and Mexico.<\/p>\n

The policy swoons in the United States over the last year have made many global business leaders cautious, as they struggle to forecast and see investment take a hit.<\/p>\n

Economy Secretary Marcelo Ebrard on Friday said Mexico was watching the tariffs with a \u201ccool head,\u201d noting that 85% of Mexico\u2019s exports face no tariff, largely because of the United States-Mexico-Canada agreement. He plans a trip to the U.S. to meet with economic officials next week.<\/p>\n

CEO Alan Russell of Tecma, which helps American businesses set up operations in Mexico, has seen his job grow increasingly complicated over the past year \u2014 his company\u2019s workload has surged as much as fourfold as it grapples with new import requirements. He worries the last U.S. moves will only make things more difficult.<\/p>\n

\u201cWe wake up every day with new challenges. That word \u2018uncertainty\u2019 has been the greatest enemy,\u201d said Russell, who is American. \u201cThe difficult part has been not being clear what the rules are today or what they\u2019re going to be tomorrow.<\/p>\n

Looking for a piece of possible tariff refunds<\/h4>\n

Some U.S. importers who paid what may turn out to be excess tariffs are\u00a0looking for possible refunds<\/a>\u00a0\u2014 likely a very complex process \u2014 and some foreign companies may want to get their piece, too.<\/p>\n

Bernd Lange, chairman of the European Parliament\u2019s trade committee, insisted on Deutschland radio that excess tariffs \u201cmust be refunded.\u201d He estimates German companies or their U.S. importers alone overpaid more than 100 billion euros ($118 billion).<\/p>\n

Swissmem, a top technology industry association in Switzerland, hailed a \u201cgood decision\u201d from the Supreme Court, writing on X that its exports to the U.S. fell 18% in the fourth quarter alone \u2014 a period when Switzerland was facing much higher U.S. tariffs than most neighboring countries in Europe.<\/p>\n

\u201cThe high tariffs have severely damaged the tech industry,\u201d Swissmem President Martin Hirzel\u00a0said on X<\/a>, while acknowledging the dust is far from settled. \u201cHowever, today\u2019s ruling doesn\u2019t win anything yet.\u201d<\/p>\n

___<\/p>\n

Janetsky reported from Mexico City. Associated Press writers Mar\u00eda Verza and Fabiola S\u00e1nchez in Mexico City; Samuel Petrequin in London; and Jamey Keaten in Lyon, France, contributed to this report.<\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"

The latest twist in the\u00a0U.S. tariff roller coaster ride, launched when President Donald Trump returned to office 13 months ago and upended dozens of trading relationships with the world\u2019s biggest…<\/p>\n","protected":false},"author":922,"featured_media":7900,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[6],"tags":[1076,382,5351,3739,874,4808,30,8746,1628],"jetpack_publicize_connections":[],"yoast_head":"\nWorld shakes its weary head at more Trump tariff chaos as he 'says a lot of things, and many of them aren\u2019t true' - 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