Customs duties: the headlong flight of Donald Trump, caught in his own trap

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These customs duties imposed by Donald Trump that French companies are reimbursed discreetly

DECRYPTION - Around 10 billion euros linked to imports of “made in France” products would have been returned after the Supreme Court decision in February. A check which often returns to the American importer rather than to the French company.

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INFOGRAPHIC – The rating agency must decide on France’s sovereign debt rating this Friday.

Customs duties: the headlong flight of Donald Trump, caught in his own trap

American trade policy has changed more than 50 times since January 2025, through threats, reversals and negotiations. A year and a half later, the tariffs have not had the effects promised by the White House on external deficits, prices or relocations.