What will be the reaction of major U.S. allies to Trump's tariffs by September 30, 2025?
Retaliatory tariffs • 25%
Diplomatic protests • 25%
Negotiations • 25%
No significant reaction • 25%
Statements from governments of major U.S. allies
Trump Considers National Economic Emergency Using IEEPA to Justify Universal Tariffs on Allies and Adversaries
Jan 8, 2025, 12:26 PM
President-elect Donald Trump is considering declaring a national economic emergency to provide legal justification for imposing a broad range of universal tariffs on both allies and adversaries, according to reports from CNN. This move would utilize the International Economic Emergency Powers Act (IEEPA), which allows a president to manage imports during a national emergency. Trump's team is exploring this option as part of his strategy to reset the global balance of trade in his second term. No final decision has been made yet, and Trump's advisers are also evaluating other legal avenues, such as sections 338 and 301 of U.S. trade law, to support the proposed tariffs. The consideration of such an emergency declaration has led to fluctuations in financial markets, with stock futures weakening and the U.S. dollar gaining value against other currencies.
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Impose retaliatory tariffs • 25%
Negotiate a trade agreement • 25%
Take no immediate action • 25%
Increase US oil and gas imports • 25%
Yes • 50%
No • 50%
Do nothing • 25%
File a WTO complaint • 25%
Negotiate alternative trade terms • 25%
Increase US energy imports • 25%
Not implemented • 25%
Withdrawn • 25%
Implemented with full effect • 25%
Partially implemented • 25%
China • 25%
Canada • 25%
Other • 25%
European Union • 25%
Other • 25%
No action • 25%
Negotiations • 25%
Retaliatory tariffs • 25%
Retaliatory tariffs • 25%
Other economic measures • 25%
No response • 25%
Negotiations initiated • 25%
China • 25%
European Union • 25%
Other • 25%
Mexico • 25%
No Response • 25%
Other Diplomatic Actions • 25%
Retaliatory Tariffs Imposed • 25%
Negotiations Initiated • 25%
China and Canada • 25%
China, Mexico, and Canada • 25%
China only • 25%
China and Mexico • 25%
Dollar-for-dollar tariffs • 25%
Partial tariffs • 25%
No action • 25%
Non-tariff measures • 25%
No significant response • 25%
Other • 25%
Retaliatory tariffs • 25%
Diplomatic negotiations • 25%
Increase • 25%
Volatile • 25%
No significant change • 25%
Decrease • 25%