US MAGA trade war: 'Self-inflicted' global economic crisis heralds 'stupid period in human history'

China has increased its 125% American products on new climbing of a trade war that threatens to suspend exports between the two largest economies in the world. In a sign of investors concern about the health of the American economy under the erratic management of President Trump, the dollar fell to a three -year hollow against the euro and 1.3% against the yen. Trump sent global financial markets to a fall in tails by announcing historic prices on American trade partners on April 2, including a basic line of 10% for all goods entering the United States. After diving markets, he frozen the higher or more high rate of higher or more imposed on allies such as the European Union or Japan on Wednesday, but has maintained an additional 34% rate on China. For an in -depth analysis and a deeper perspective, William Hilderbrandt from France 24 welcomes Moshe Lander, lecturer in economics at Concordia University.