Economy

Brève

Taxation

Higher U.S. tariffs under Trump reverberate through the world economy, but China manages to come out ahead

Trump's tax policy to increase tariff collections on imports have sent shock waves through domestic small businesses, and it's exposed the vulnerabilities of a stock market bubble. But to Trump's main trading foe, China has thus far emerged unscathed.

Sources :

• Small businesses are being crushed by Trump’s tariffs, and economists say it’s a warning for the economy [CNBC]
• Trump’s hand in the tariff war he started gets weaker as China GDP comes in ahead of growth forecasts [Fortune]
• The AI bubble is a bigger global economic threat than US tariffs [The Financial Times]