if I distrust you now and later on you red tag me, for the fact that I have initially distrusted you, will it render your tagging meaningless?
From your perspective: yes.
From the rest of the forum's perspective: no.
As long as I'm on DT, the users who include DefaultTrust and haven't excluded me will see my feedback.
You may want to check my Personal Full Trust Depth viewer for all users too.