Wall Street rallied, bitcoin hit a new record while German auto stocks plunged… as markets digested Donald Trump’s comeback, Chinese consumers are bracing for a possible new wave of punitive tariffs… but a new round of trade war could hit its economy harder than before. Yuka Royer spoke with economist Antonio Fatas of INSEAD who said that those promised tariffs would ultimately lead to higher inflation and hurt American consumers.
#business #Trump #tariffs
Read more about this story in our article: https://f24.my/AiuM.y
🔔 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