“It’s all of the president’s resolution,” stated his Treasury Secretary. World commerce once more hangs on the whims of 1 man, argue François Picard’s panel after Donald Trump reverses course with a 90-day moratorium on most reciprocal tariffs, however will increase import duties on China to 125-percent.
Will it’s sufficient to ease markets in the long term? In spite of everything, 10% common tariffs on the remainder of the world nonetheless apply. Who between China and the US has the stamina to win this combat between the world’s high producer and its primary buyer?
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