US EditionUS lowers tariffs on two French overseas territories, as world economy trembles
- Washington has reduced tariffs on La Reunion to 10 percent and on Saint-Pierre-et-Miquelon to the same rate, previously set at 37 percent and 50 percent, respectively.
- Regional President Huguette Bello of La Reunion criticized Trump as 'ignorant' about the tariffs, while MP Stephane Lenorman of Saint-Pierre-et-Miquelon condemned 'incompetence' in the American administration.
- Economic analysts warn that the tariffs may harm growth and increase inflation, affecting consumer confidence and limiting the Federal Reserve's ability to cut interest rates effectively.
- Concerns have been raised about a potential recession and inflation, which could complicate Federal Reserve decisions, according to analysts from Anadolu.
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US lowers tariffs on two French overseas territories, as world economy trembles
As US President Donald Trump's widest-ranging tariffs to date took effect Saturday, the White House said it had lowered planned levies on two French overseas territories. Trump's move has already triggered…
·Paris, France
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Total News Sources9
Leaning Left2Leaning Right3Center2Last UpdatedBias Distribution43% Right
Bias Distribution
- 43% of the sources lean Right
43% Right
L 29%
C 29%
R 43%
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