{"id":28991,"date":"2025-04-15T17:53:51","date_gmt":"2025-04-15T15:53:51","guid":{"rendered":"https:\/\/michelsanti.fr\/?p=28991"},"modified":"2025-04-15T18:00:21","modified_gmt":"2025-04-15T16:00:21","slug":"trade-war","status":"publish","type":"post","link":"https:\/\/michelsanti.fr\/en\/tariffs-2\/trade-war","title":{"rendered":"Auto goal ?"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" data-attachment-id=\"28995\" data-permalink=\"https:\/\/michelsanti.fr\/en\/tariffs-2\/trade-war\/attachment\/boeing\" data-orig-file=\"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/Boeing.jpg?fit=1900%2C1069&amp;ssl=1\" data-orig-size=\"1900,1069\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Boeing\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/Boeing.jpg?fit=1024%2C576&amp;ssl=1\" class=\"alignnone size-full wp-image-28995\" src=\"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/Boeing.jpg?resize=1170%2C658&#038;ssl=1\" alt=\"\" width=\"1170\" height=\"658\" srcset=\"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/Boeing.jpg?w=1900&amp;ssl=1 1900w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/Boeing.jpg?resize=300%2C169&amp;ssl=1 300w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/Boeing.jpg?resize=1024%2C576&amp;ssl=1 1024w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/Boeing.jpg?resize=768%2C432&amp;ssl=1 768w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/Boeing.jpg?resize=1536%2C864&amp;ssl=1 1536w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/Boeing.jpg?resize=1140%2C641&amp;ssl=1 1140w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/Boeing.jpg?resize=1200%2C675&amp;ssl=1 1200w\" sizes=\"(max-width: 1170px) 100vw, 1170px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-04-15\/china-tells-airlines-stop-taking-boeing-jets-as-trump-tariffs-expand-trade-war\" target=\"_blank\" rel=\"noopener\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3\"><strong>China halting all Boeing orders!\u00a0<\/strong><\/span><\/a><\/p>\n<p>EU and Japan are winning the trade war right now. The euro and the yen have gone way up, making all their imports cheaper, which keeps their official inflation measures lower.<\/p>\n<p>The end result of the trade war will be a bigger trade deficit.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; &nbsp; China halting all Boeing orders!\u00a0 EU and Japan are winning the trade war right now. The euro and the yen have gone way up, making all their imports cheaper, which keeps their official inflation measures lower. The end result of the trade war will be a bigger trade deficit.<\/p>\n","protected":false},"author":4,"featured_media":28995,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"give_campaign_id":0,"_crdt_document":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"mc4wp_mailchimp_campaign":[],"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[648942755],"tags":[],"class_list":["post-28991","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tariffs-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Auto goal ? - Michel Santi<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/michelsanti.fr\/en\/tariffs-2\/trade-war\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Auto goal ? - Michel Santi\" \/>\n<meta property=\"og:description\" content=\"&nbsp; &nbsp; China halting all Boeing orders!\u00a0 EU and Japan are winning the trade war right now. The euro and the yen have gone way up, making all their imports cheaper, which keeps their official inflation measures lower. The end result of the trade war will be a bigger trade deficit.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/michelsanti.fr\/en\/tariffs-2\/trade-war\" \/>\n<meta property=\"og:site_name\" content=\"Michel Santi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/michel.santi.economiste\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-15T15:53:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-15T16:00:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/Boeing.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1900\" \/>\n\t<meta property=\"og:image:height\" content=\"1069\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Michel Santi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@michelsanti1\" \/>\n<meta name=\"twitter:site\" content=\"@michelsanti1\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Michel Santi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/tariffs-2\\\/trade-war#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/tariffs-2\\\/trade-war\"},\"author\":{\"name\":\"Michel Santi\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/#\\\/schema\\\/person\\\/ba61ae1376925b43e3d1ddbc1e3eb2a4\"},\"headline\":\"Auto goal ?\",\"datePublished\":\"2025-04-15T15:53:51+00:00\",\"dateModified\":\"2025-04-15T16:00:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/tariffs-2\\\/trade-war\"},\"wordCount\":53,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/tariffs-2\\\/trade-war#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/michelsanti.fr\\\/wp-content\\\/uploads\\\/2025\\\/04\\\/Boeing.jpg?fit=1900%2C1069&ssl=1\",\"articleSection\":[\"tariffs\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/michelsanti.fr\\\/en\\\/tariffs-2\\\/trade-war#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/tariffs-2\\\/trade-war\",\"url\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/tariffs-2\\\/trade-war\",\"name\":\"Auto goal ? - Michel Santi\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/tariffs-2\\\/trade-war#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/tariffs-2\\\/trade-war#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/michelsanti.fr\\\/wp-content\\\/uploads\\\/2025\\\/04\\\/Boeing.jpg?fit=1900%2C1069&ssl=1\",\"datePublished\":\"2025-04-15T15:53:51+00:00\",\"dateModified\":\"2025-04-15T16:00:21+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/#\\\/schema\\\/person\\\/ba61ae1376925b43e3d1ddbc1e3eb2a4\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/tariffs-2\\\/trade-war#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/michelsanti.fr\\\/en\\\/tariffs-2\\\/trade-war\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/tariffs-2\\\/trade-war#primaryimage\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/michelsanti.fr\\\/wp-content\\\/uploads\\\/2025\\\/04\\\/Boeing.jpg?fit=1900%2C1069&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/michelsanti.fr\\\/wp-content\\\/uploads\\\/2025\\\/04\\\/Boeing.jpg?fit=1900%2C1069&ssl=1\",\"width\":1900,\"height\":1069},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/tariffs-2\\\/trade-war#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Accueil\",\"item\":\"https:\\\/\\\/michelsanti.fr\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Auto goal ?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/#website\",\"url\":\"https:\\\/\\\/michelsanti.fr\\\/\",\"name\":\"Michel Santi\",\"description\":\"\\\"It is not because things are difficult that we do not dare. 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The direct consequence? The yuan gradually declined by a similar proportion. Now, consider the U.S. imposing tariffs on imports from the Eurozone. For the European Union, the best defense\u2026","rel":"","context":"In &quot;currency manipulation&quot;","block_context":{"text":"currency manipulation","link":"https:\/\/michelsanti.fr\/en\/category\/currency-manipulation"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/11\/eur.png?fit=1200%2C516&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/11\/eur.png?fit=1200%2C516&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/11\/eur.png?fit=1200%2C516&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/11\/eur.png?fit=1200%2C516&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/11\/eur.png?fit=1200%2C516&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":19090,"url":"https:\/\/michelsanti.fr\/en\/trade-war\/usa-0-china-1","url_meta":{"origin":28991,"position":1},"title":"USA 0 China 1","author":"Michel Santi","date":"November 19, 2018","format":false,"excerpt":"China is about to win the first leg of the trade war against the US. The latest statistics are actually shocking for the US Government, with the trade deficit with China at its highest historical level. These figures \u2013 that show a Chinese surplus of more than 37 billion dollars\u2026","rel":"","context":"In &quot;trade war&quot;","block_context":{"text":"trade war","link":"https:\/\/michelsanti.fr\/en\/category\/trade-war"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2018\/11\/Trump-Obama.jpg?fit=960%2C586&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2018\/11\/Trump-Obama.jpg?fit=960%2C586&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2018\/11\/Trump-Obama.jpg?fit=960%2C586&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2018\/11\/Trump-Obama.jpg?fit=960%2C586&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":19447,"url":"https:\/\/michelsanti.fr\/en\/china-2\/the-trade-war-wont-happen","url_meta":{"origin":28991,"position":2},"title":"The trade war won\u2019t happen!","author":"Michel Santi","date":"May 21, 2019","format":false,"excerpt":"\u00a0 China is not a bellicose nation. For it, war is a matter of developing excessive trading relationships. Put another way, for China,the defence of its economic interests is an extension of war. As for its nuclear option in the context of this trade war with the USA, it would\u2026","rel":"","context":"In &quot;China&quot;","block_context":{"text":"China","link":"https:\/\/michelsanti.fr\/category\/china-2"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2019\/05\/guerre-commerciale-300x180.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":13805,"url":"https:\/\/michelsanti.fr\/en\/trade-war\/make-america-1929-again","url_meta":{"origin":28991,"position":3},"title":"Make America 1929 Again","author":"Michel Santi","date":"June 5, 2018","format":false,"excerpt":"During his election campaign, Trump never stopped waxing lyrical about China who he stigmatised for all types of wrongdoing, citing high levels of damage to American interests due to unfair business practices. However, a year after being elected, it\u2019s against his closest allies \u2013 Canada and Europe \u2013 that Trump\u2026","rel":"","context":"In &quot;trade war&quot;","block_context":{"text":"trade war","link":"https:\/\/michelsanti.fr\/en\/category\/trade-war"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2018\/10\/Trump.jpg?fit=750%2C375&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2018\/10\/Trump.jpg?fit=750%2C375&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2018\/10\/Trump.jpg?fit=750%2C375&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2018\/10\/Trump.jpg?fit=750%2C375&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":13826,"url":"https:\/\/michelsanti.fr\/en\/china\/trade-war-or-american-self-sabotage","url_meta":{"origin":28991,"position":4},"title":"Trade war, or American self-sabotage?","author":"Michel Santi","date":"September 26, 2018","format":false,"excerpt":"Donald Trump is actively preparing phase 3 of his retaliation plan against China now that the latter has just reacted to his last wave that came into force this week. According to his own statements summarising his approach to China, he began by imposing an extra tax of 50 billion\u2026","rel":"","context":"In &quot;China&quot;","block_context":{"text":"China","link":"https:\/\/michelsanti.fr\/en\/category\/china"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2018\/10\/trump-et-la-chine.jpg?fit=620%2C372&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2018\/10\/trump-et-la-chine.jpg?fit=620%2C372&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2018\/10\/trump-et-la-chine.jpg?fit=620%2C372&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":26246,"url":"https:\/\/michelsanti.fr\/en\/china\/the-beginning-of-the-end-or-the-end-of-the-beginning","url_meta":{"origin":28991,"position":5},"title":"The beginning of the end, or the end of the beginning?","author":"Michel Santi","date":"May 29, 2024","format":false,"excerpt":"A trade deficit must be offset by financial inflows to maintain a minimum level of equilibrium. The United States runs a significant and constant trade deficit, which they manage to finance through the sale of Treasury bonds, bought by China and other governments\/central banks. The deal is as follows and\u2026","rel":"","context":"In &quot;China&quot;","block_context":{"text":"China","link":"https:\/\/michelsanti.fr\/en\/category\/china"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/05\/Apple.jpg?fit=1200%2C747&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/05\/Apple.jpg?fit=1200%2C747&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/05\/Apple.jpg?fit=1200%2C747&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/05\/Apple.jpg?fit=1200%2C747&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/05\/Apple.jpg?fit=1200%2C747&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts\/28991","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/comments?post=28991"}],"version-history":[{"count":6,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts\/28991\/revisions"}],"predecessor-version":[{"id":29000,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts\/28991\/revisions\/29000"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/media\/28995"}],"wp:attachment":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/media?parent=28991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/categories?post=28991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/tags?post=28991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}