Who blinks first? Trump raises China tariff to 125% • FRANCE 24 English

“It’s all the president’s decision,” said his Treasury Secretary. World trade again hangs on the whims of one man, argue François Picard’s panel after Donald Trump reverses course with a 90-day moratorium on most reciprocal tariffs, but increases import duties on China to 125-percent.

Will it be enough to ease markets in the long run? After all, 10% universal tariffs on the rest of the world still apply. Who between China and the United States has the stamina to win this fight between the world’s top manufacturer and its number one customer?
#china #trump #tariff

Subscribe to France 24 now: https://f24.my/YTen
LIVE – Watch FRANCE 24 English 24/7 here: https://f24.my/YTliveEN

Read the latest International News and Top Stories: https://www.france24.com/en/

Like us on Facebook: https://f24.my/FBen
Follow us on X (Twitter): https://f24.my/Xen
Browse the news in pictures on Instagram: https://f24.my/IGen
Discover our TikTok videos: https://f24.my/TKen
Get the latest top stories on Telegram: https://f24.my/TGen