Visit our website:
http://www.france24.com
Like us on Facebook:
https://www.facebook.com/FRANCE24.English
Follow us on Twitter:
https://twitter.com/France24_en
Category
đ
NewsTranscript
00:00Donald Trump said that the most beautiful word in the dictionary was tariff, and acted
00:06accordingly.
00:07The White House has confirmed a 10% tax on China, sparking fears of a global trade war.
00:15In the end, it's the ordinary people who suffer from these tariffs and these trade barriers.
00:20I think that in every respect, cooperation is preferable to competition.
00:25Donald Trump has also imposed 25% tariffs on Canada and Mexico, accusing them of failing
00:32to stop the flow of the deadly drug fentanyl into the country.
00:36According to Trump, the role of China is one of a supplier, exporting active ingredients
00:42to Mexican cartels that then manufacture the deadly drug, sold on the other side of the
00:47border.
00:49China plays the central role in the fentanyl crisis that's destroying American lives.
00:53In fact, the Chinese Communist Party has subsidized Chinese chemical companies to
00:57export fentanyl.
00:58China not only fails to stem the source of illicit drugs, but actively helps this business.
01:04Beijing has denied its complicity in the trade, citing numerous steps to prevent illegal production
01:10and trafficking.
01:11Over the past decade, more than 400,000 Americans have died of synthetic opioid use, making
01:18the US the country with the highest overdose rate in the world.
01:22But analysts say that Trump's tariffs would do little to solve the opioid crisis.
01:27The US president could, however, use them as a tool to pressure global economies to
01:33comply with his wishes.