From tariffs to universities, Trump’s negotiating style is often less dealmaking and more coercion
In the last week, Trump has slapped trading partnerswith tariffs rather than slog through prolonged talks to reach agreements. He ratcheted up the pressure on the
For Trump, a deal isn’t necessarily agreement in which two sides compromise — it’s an opportunity to bend others to his will. While Trump occasionally backs down from his threats, the past week is a reminder that they are a permanent feature of his presidency.
As Trump tightens his grip on independent institutions, there are fewer checks on his power.
Trump recently summed up his approach when talking to reporters about trade talks with other countries. “They don’t set the deal," he said. "I set the deal.”
Trump’s allies believe his aggression is required in a political ecosystem where he's under siege from
But critics fear he's eroding the country’s democratic foundations with an authoritarian style. They say the president's focus on negotiations is a facade for attempts to dominate his opponents and expand his power.
“Pluralism and a diversity of institutions operating with autonomy — companies, the judiciary, nonprofit institutions that are important elements of society — are much of what defines real democracy,” said
Seeking control of higher education
Harvard has been a top target for Trump, starting in April when he demanded changes to the university's governance and new faculty members to counteract liberal bias.
As Harvard resisted, administration officials terminated
Trump has also attempted to block Harvard from hosting roughly 7,000 foreign students, and he's threatened to revoke its tax-exempt status. His administration recently sent subpoenas asking for student data.
“They’ll absolutely reach a deal," Trump said Wednesday.
Administration officials also pulled
“Federal funding is a privilege, not a right, for colleges and universities," said
Such steps were unheard of before Trump took office.
"Institutional autonomy is an important part of what makes higher education work," he said. “It’s what enables universities to pursue the truth without political considerations.”
Going after the Federal Reserve's independence
Powell has held off on cutting the central bank's benchmark rate, as Trump's tariffs could possibly worsen inflation and lower rates could intensify that problem. Desai said the
Although Trump has said he won't try to fire Powell — a step that might be impossible under the law anyway — he's called on him to resign. In addition, Trump's allies have increased their scrutiny of Powell's management, particularly an expensive renovation of the central bank's headquarters.
“There will be real costs if markets and global investors think the Fed has been beaten into submission by Trump," he said.
Tariff threats instead of trade deals
Trump originally wanted to enact sweeping tariffs in April. In his view, import taxes would fix the challenge of the
After a backlash in financial markets, Trump instituted a three-month negotiating period on tariffs.
The administration announced a few trade frameworks with the
Desai said Trump's approach has generated “overwhelming interest” from other countries in reaching trade deals and gives the
“It’s just bizarre,” Brown said of Trump’s moves. “No one has done this in history.”
The president has also used the threat of tariffs in an attempt to help political allies and influence other countries' court systems. He told
She noted that two of the letters went to
By imposing new tariffs, she said, Trump is raising “serious questions about the meaning of signing any deal with


Interview With Carmen Reinhart: Sovereign Debt, The US Dollar As Reserve Currency, And More
State Farm ups home rates 27%
Advisor News
- Your client’s $3 million portfolio doesn’t tell you their insurance needs
- How life insurance can provide liquidity for wealthy families
- Retirement providers turn to digital engagement to retain assets
- Looking out for clients with diminished mental capacity
- House panel advances CLEAR Forms Act backed by IRI
More Advisor NewsAnnuity News
- What lower interest rates mean to annuity payouts
- AM Best downgrades A-Cap insurers amid financial and regulatory troubles
- Lawsuit claims Delaware Life hid billions in insurer-linked investments
- AM Best to Deliver Presentation at 2026 ACLI Annual Conference
- Global Atlantic Announces Launch of ForeLifetime Income, a New Fixed Index Annuity
More Annuity NewsHealth/Employee Benefits News
Life Insurance News