US customs duties: US billionaires are the big losers of Trump's announcements

Since he announced the introduction of tariffs, Donald Trump has plunged stock markets around the world. His first supporters are the first losers.

The new customs taxes imposed by Donald Trump do not do the richest business in the United States. ...

The announcement by Donald Trump of a 30% surtax on Algerian products marks a new turning point in US trade policy. If this decision is part of a broader protectionist dynamic, it questions its concrete effects on the Algerian economy. Since 2 April, Algerian exports to the United States have been subject to a significant tariff increase, as part of a package of measures applied to 185 countries. The rate applied to Algeria is rising from 18.9 p…

The U.S. president caused a deflagration around the world after his customs tax announcements. The president of the cooperative Isigny-Ste-Mère returned from the United States.

Arnaud Aymé, a transport expert, France's director of Sia Partners, analyses the consequences of the 25% increase in customs duties on imports of cars into the United States. A losing-losing scheme for German premium car manufacturers as well as for their American competitors.

Trump's commercial war has a strong impact on US billionaires, who are his supporters... The world's biggest fortunes are also affected.