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flag Trump threatened extreme tariffs but didn’t implement most, causing business uncertainty.

flag In 2025, President Donald Trump issued multiple tariff threats, including a proposed 200% levy on European wines and spirits and the creation of an "External Revenue Service" to collect tariffs, neither of which were implemented by year’s end. flag While he enacted new tariffs on imported metals and retaliatory measures against major trading partners like China, several high-profile threats remained unfulfilled, reflecting a pattern of using aggressive rhetoric without follow-through. flag The unresolved nature of these promises contributed to ongoing uncertainty for businesses and consumers despite other tariff policies taking effect.

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