Technology items (computers, smartphones, microprocessors, etc.) have been removed from the list of Chinese products taxed at 145% by the United States. A setback that will be followed by others. And heralds the decline of the dollar as the world’s reserve currency.
The new tariffs imposed by Trump, which came into force on Saturday, are causing a global shockwave on the world’s financial markets. Asian stock markets recorded spectacular falls of between 3% and 12% on Monday. The CAC lost 6.89% at the opening.
Washington is threatening to tax European, and therefore French, wines and spirits by up to 200% in retaliation for Brussels’ measures.
