Investors have become immune to Trump. 49 threats about tariffs, 25 percent implementation

The Bloomberg agency wrote on Tuesday that investors are increasingly cautious about US President Donald Trump's threats to impose further tariffs. It was calculated that of the 49 tariff threats, Trump implemented about 25 percent.

Bloomberg recalled that in the last three weeks alone, Trump threatened to introduce additional tariffs four times, and none of these threats made a major impression on investors.

In normal times (such announcements – PAP) would shock investors, worry CEOs and prompt economists to immediately revise growth forecasts for countries subject to sanctions. Instead, financial markets and executives ignored Trump's warnings, Bloomberg noted.

Markets 'yawn' at Trump's warnings

The agency recalled that the US president sent these threats to: Iran's trading partners, supporters of maintaining the current status of Greenland, as well as Canada and South Korea. It emphasized that in each case they were treated “merely as words intended to gain an advantage or force a change in behavior, and not as something that (Trump) would actually implement.”

At the same time, the results of a Bloomberg Economics analysis were cited, according to which the position that all Trump's tariff threats can be disregarded is unjustified. The authors of the study found that on average every fourth of them is implemented.

The authors of the list analyzed 49 tariff threats announced by Trump and new trade investigations announced by his administration. The study covered the period from the electoral victory in November 2024 to last Sunday. Bloomberg found that of the threats analyzed, more than half were not fully implemented.

Concern about polls inhibits decisions

The study found that the majority of threats that were fully implemented or investigated occurred between February and September 2025. The authors of the analysis found that at the end of last year, Trump's consistency in carrying out his declared threats clearly weakened. According to Bloomberg, this was due to, among others, the US president's fear that this may lead to a decline in his ratings in public opinion polls.

“Trump is backtracking on the threats that attract the most attention, which mainly involve dramatically increasing the stakes or posing a threat to the trade truce with China,” Bloomberg analysts wrote. (PAP)

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