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   Asset Management - Investment Research

US trade tariffs - who is really paying for them?
"To date, few end-consumer goods have been affected by these measures. President Trump may think that the US is immune, but he is mistaken."

 

After months of easing in trade tensions, the tariff war has suddenly restarted. According to the US administration, China has reneged on a number of promises. In retaliation, Donald Trump has announced that tariffs on $ 200bn of products imported from China will increase from +10% to +25% (it was done this morning) and has threatened to tax all remaining imports from China. He sees these measures as a "tax" that the Chinese government would pay to its US counterpart. There is no such thing in reality. To date, few end-consumer goods have been affected by these measures. President Trump may think that the US is immune, but he is mistaken.

 


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US trade tariffs - who is really paying for them?

 

 

 

ODDO BHF Corporates & Markets, Economy, Focus US, 10 May 2019-Bruno Cavalier, Fabien Bossy

14.05.2019