Trade war: 'The Americans are the ones paying for the tariffs'
- Posted on August 3, 2025
- By Le Monde
- 4 Views
Trade war: 'The Americans are the ones paying for the tariffs'
Gilles Moëc, chief economist at AXA, argues that while tariffs take time to affect the real economy, they are likely to have recessionary effects in both the US and Europe.
