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Are Donald Trump’s blows and his erratic choices an engine, or on the contrary a brake for the American economy? Response elements.
Faced with the threat of a world trade war, the American economy is shaking. Customs duties, additional taxation … Donald Trump’s contradictory announcements created instability for businesses. In Indiana (United States), the Andymark factory manufactures robotic parts, mainly aluminum. Materials are imported from Canada. With 25% additional customs tax, the parts may cost more. “”We have between 40 and 46 employees, and ten part -time. With higher costs, this could lower our sales “said the president, Andy Baker.
For others, like wine merchants installed just a year ago in Washington (United States), the survival of their business is at stake. “A bottle like that is $ 50. With 200% customs duties, it will increase more than 100%“, Reads Joseph Turner, wine merchant. “”SI Trump really believes in the American dream, he must understand that he is destroying him with his obsession with customs tariffs“, warns McLean Turner.
An opinion shared by consumers, whose trust index has dropped by 10% in just one month. The consequences are also felt in the financial markets, with very important fluctuations with each speech by Donald Trump.
Watch the entire report in the video above