Already a failure of the tariff policy?
Tomorrow, May 20, Trump will celebrate his fourth month in office. It is, of course, too early to assess his economic policy. However, we can make a few observations about…
Philippe Waechter's blog
Lowering tariffs between the US and China
Chinese and Americans have partially buried the war axe on tariffs. The 145% rate on Chinese products entering the US is lowered to 30% and the 125% rate for US…
The US-UK trade deal is primarily political
The trade deal between the United States and the United Kingdom was announced as the event. British goods entering the United States will be subject to a 10% tariff, as…
Will the dollar depreciate?
The dollar is structurally overvalued given its external deficit. In any economy, such a deficit would have resulted in a sharp and lasting depreciation of its currency. This is not…
Not all of them died, but all of them were sick
The big day has arrived. Donald Trump has imposed exorbitant tariffs on the rest of the world.The basic rate will be 10% for all products entering the United States, but…
US tariffs: destabilizing and inflationary
The implementation of 25% tariffs at the US borders will be announced on April 2. The Trump administration’s goal is twofold:1- Collect revenue with the ultimate objective of replacing income…
Consumers at the heart of the risk of recession in the United States
Recession fears are growing in the United States as the economy trended robustly toward the end of Joe Biden’s term. This shift in outlook is becoming increasingly significant. About ten…
The end of the American world in 2030?
The American 20th century ended in 2030. After an imposing and long domination since the post-Second World War, the American economy is developing a significant comparative advantage in technology, mainly…