#TrumpTariffs – 12 Jun 2025]
– Trump announces 55% tax on China after London deal
– Dow –230 points, market reacts skeptically
– CPI 2.4% y/y: inflation under tax pressure
– Court maintains tax until at least 31 Jul
– Production & consumption costs rise sharply
?What do you think about this statement? Is this a negotiation tactic or a new escalation step?