Overvite America, Riposte China, and it’s you who pay | EUROtoday
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L’unthinkable is looming. Washington drew the deadly weapon in its industrial battle with China: astronomical customs duties of 145 % on all Chinese merchandise. Beijing replies with a 125 % surcharge on American imports. Enough to make the world markets shudder and plunge the worldwide economic system into an unprecedented zone of turbulence. The penalties of this brutal confrontation may reconfigure all world commerce. Decryption.
The shock of financial titans
In their examine printed within the 2019 Economic Prospects Journal, Mary Amiti, Stephen J. Redding and David E. Weinstein have proven {that a} substantial improve in customs duties causes “a cascade impact on world commerce flows, with a co …
https://www.lepoint.fr/monde/l-amerique-surtaxe-la-chine-riposte-et-c-est-vous-qui-payez-11-04-2025-2587126_24.php
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