Stroke, Trump hangs his “reciprocal” from 90 days, aside from China | EUROtoday
DOnald Trump backtrack. Less than 15 hours after having imposed “reciprocal” customs rights to the world, the American president all of a sudden introduced on Truth Social, this Wednesday, April 9, a break of 90 days, aside from Chinese imports, which shall be taxed at 125 %, in a serious climbing between Washington and Beijing.
The White House spokesperson has clarified that in these three months of negotiations, imports from across the world-excluding China-will be taxed at 10 %. A retreat that makes Wall Street fly: after per week of decline, the S&P 500 takes off by 7 % and the NASDAQ, the technological values index, by 9 %.
“Given that more than 75 countries have contacted representatives of the United States in order to negotiate a solution concerning trade, commercial barriers, customs duties, monetary manipulation and non-tariff barriers, and that these countries have, according to my high recommendation, undertakes no reprisal measure against the United States, I have authorized a 90-day break, as well as a considerably reduced customs tariff. “Writes the American president. Denouncing the “lack of respect” of China, which retaliated at its costs, Donald Trump will increase at 125 % the surcharges concentrating on Beijing “with immediate effect”.
A “great courage”
To uncover
The kangaroo of the day
Answer
In entrance of the journalists, the secretary of the Treasury, Scott Bessent, refuted that it was a capitulation of Donald Trump within the face of panic on the monetary markets. “It took him a lot of courage to keep the course until this moment […] But that’s what I said a week ago, “don’t retaliate and you may be rewarded”, it was his technique from the beginning. »»
More data to return on The level
https://www.lepoint.fr/monde/coup-de-theatre-trump-suspend-ses-surtaxes-reciproques-pour-90-jours-sauf-pour-la-chine-09-04-2025-2586987_24.php