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…
Philippe Waechter's blog
The World According to Trump – Part 2 –On the impossibility of killing two birds with one stone
The prerequisiteIndicators of distrust in Donald Trump’s economic policy are multiplying.According to the University of Michigan survey, American consumers are very worried. In April, they expect inflation to rise sharply…
The World According to Trump – Faulty Premise – Part 1
In less than a week since Donald Trump’s announcements on tariffs, the foundations of the global economy have been called into question. There is the economy of the past and…
And how should Europe react?
A bilateral trade deficit in the United States necessarily reflects manipulation and taxes by the other country. It must therefore be corrected. This is the spirit of the measures announced…
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…
Tariffs, US Recession, “Smoot-Hawley” and China
The last few days have been marked by Trump’s procrastination on tariffs. One day he imposes very high tariffs on Canada and Mexico, lower ones on China, then he reverses…
Understanding the impact of US tariff measures
Donald Trump has imposed 25% tariffs on products from Mexico and Canada and 10% on Chinese products. This is a first step.There are several points to emphasize. 1- During the…