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As Trump Has Pulled Back From the Highest Tariffs, This Chart Shows the Economic Shock Has Eased

Summary by The Conversation
It’s tariff season again, with the next deadline looming on Friday, August 1. Since the beginning of July, the United States has issued another flurry of tariff announcements, revising the sweeping plan announced on April 2. Back then, the Trump administration threatened to apply so-called “reciprocal” tariffs of up to 50% against many trading partners, plus an eye-watering 125% on Chinese imports. In April, we modelled those measures, together …

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RECIT - The trade war had to establish the superiority of the United States over China. But Beijing resisted, and it is Europe that comes out of these months of tension weakened.

·Paris, France
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sydneysun.com broke the news in on Monday, July 28, 2025.
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