The US President has opened trade battles with countries around the world, and the next 60 days could decide whether America ends up in a full-blown trade war on different fronts.
The slew of trade-related tiffs implies various deadlines for likely tariffs on the European Union, Canada, Mexico, and China, are all fast approaching.
The head of public policy for investment giant Pimco, Libby Cantrill, emphasized the pile-up of trade deadlines, suggesting that they could intensify the battle.
"Given President Trump's deep-seated belief that the US is getting shortchanged on trade, combined with the executive branch's enormous flexibility around trade policy and a staff (such as US Trade Representative Bob Lighthizer) who largely shares his views, we do not see trade policy risk diminishing, at least in the foreseeable future," Cantrill said. "Indeed, with the number of potential catalysts in the next month or so, we could see it escalate."