The additional customs duties applied to Chinese products by the United States now reach 145%, according to a decree from the White House published on Thursday, April 10, specifying the conditions for implementing the new offensive targeting China announced the day before. According to the decree, the 125% surcharge announced on Wednesday is added to the 20% already imposed on imports from China since early March, in the name of the fight against fentanyl trafficking, a powerful opioid causing a serious health crisis in the country. They also add to the taxes already in place before the return of the billionaire Republican to the White House. Follow our live coverage.
Wall Street in sharp decline following a historic surge. At 6:45 PM (Paris time), the Dow Jones was down 4.19%, the Nasdaq index lost 5.92%, and the S&P 500 index dropped 5.11%. The previous day, Wall Street’s benchmark indices soared, with the Nasdaq jumping more than 12% following Donald Trump’s turnaround, who had announced a pause for all countries targeted by tariffs, except China.
The EU chooses de-escalation. The European Union will suspend its retaliation against Donald Trump’s customs duties for 90 days in order to «give negotiations a chance,» announced Ursula von der Leyen, President of the Commission, on Thursday. «If the negotiations are unsatisfactory, our countermeasures will take effect,» she warned on the X social network.
European stock markets regain momentum. The announcement of the suspension of tariffs imposed by the United States, which occurred on Wednesday after the close of European markets, triggered a financial market rebound on Thursday, with the main indices in Europe soaring from the opening bell. At the close, the CAC 40 had gained 3.83% in Paris, erasing its previous day’s losses. London rose by 3.04%, Frankfurt by 4.53%, and Milan by 4.73%.
. La journée précédente, les indices de référence de Wall Street avaient grimpé, avec une hausse de plus de 12% du Nasdaq suite à l’annonce de Donald Trump d’une pause dans les surtaxes pour tous les pays sauf la Chine.
L’Union européenne a décidé de désamorcer la situation en suspendant sa riposte aux droits de douane de Trump pour 90 jours afin de favoriser les négociations, comme l’a déclaré Ursula von der Leyen, présidente de la Commission, jeudi. Si les négociations ne sont pas concluantes, des contre-mesures seront prises.
Suite à l’annonce de la suspension des surtaxes américaines, les Bourses européennes ont rebondi dès l’ouverture, effaçant les pertes de la veille. A la clôture, le CAC 40 à Paris avait progressé de 3,83%, Londres de 3,04%, Francfort de 4,53% et Milan de 4,73%.
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