Trump's tariffs: the French economy in a "gloomy" climate
%3Aquality(70)%3Afocal(4244x1162%3A4254x1172)%2Fcloudfront-eu-central-1.images.arcpublishing.com%2Fliberation%2F3INMLEALDRFGBCBDOZCALUFLBU.jpg&w=1920&q=100)
Article reserved for subscribers
Donald Trump in Washington, May 22, 2025. (Jacquelyn Martin/AP)
Donald Trump is once again wielding his favorite economic weapon: protectionism. This Friday, May 23, the President of the United States threatened the European Union with imposing 50% customs duties on European products imported into the United States starting June 1. " Our discussions are going nowhere," he lashed out on his social network, Truth Social. This is not a first. On April 3, a day he himself described as "liberation day," Trump introduced customs duties of 25% on imports from the European Union, before suspending these so-called "reciprocal" taxes for 90 days and lowering them to 10%.
This strategy of pressure, alternating threats and reprieves, fuels the in
Libération