Trump's return affecting freelance work?

I'm a Laravel/Vue freelancer in Germany with 10+ YOE. After 3 years of steady well-paid work, I've seen a significant slowdown since January when Trump returned to office.

Projects postponed, leads going cold, follow-ups unanswered. One American client specifically mentioned "caution around tariff discussions in the US" when canceling my project.

Are you experiencing this as a freelancer? If you hire freelancers, have you pulled back recently? Particularly interested in perspectives from different countries.

For more on my experience: https://news.ycombinator.com/item?id=43780044