{"id":384621,"date":"2025-09-12T06:19:10","date_gmt":"2025-09-12T06:19:10","guid":{"rendered":"https:\/\/www.europesays.com\/fr\/384621\/"},"modified":"2025-09-12T06:19:10","modified_gmt":"2025-09-12T06:19:10","slug":"les-etats-unis-ralentissent-alors-que-leurope-accelere","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/fr\/384621\/","title":{"rendered":"les \u00c9tats-Unis ralentissent alors que l\u2019Europe acc\u00e9l\u00e8re"},"content":{"rendered":"

Apr\u00e8s les \u00e9clats de voix de Donald Trump vient l\u2019heure de faire les comptes\u00a0: en ces premiers jours de septembre, l\u2019\u00e9conomie US ralentit. Peut-\u00eatre car pour les Am\u00e9ricains, les droits de douane ne sont rien d\u2019autre que des imp\u00f4ts suppl\u00e9mentaires.
\n kirill_makarov – stock.adobe.com – Figaro Patrimoine et Bourse<\/p>\n

Voil\u00e0 maintenant 5 mois que Donald Trump a proclam\u00e9 son \u00abLiberation Day\u00bb. Mais aux \u00c9tats-Unis o\u00f9 des hausses massives de droits de douane se sont concr\u00e9tis\u00e9es, la croissance ralentit. Comment se porte l\u2019Europe, puissance exportatrice s\u2019il en est\u00a0? Mieux\u00a0! Nos explications.<\/p>\n

Et si malgr\u00e9 un environnement politique encombr\u00e9 en ces premiers jours de septembre, la visibilit\u00e9 \u00e9conomique se d\u00e9gageait\u00a0? Depuis le d\u00e9but de l\u2019ann\u00e9e aux \u00c9tats-Unis, les multiples annonces de l\u2019Administration Trump sur les droits de douane et les expulsions de ressortissants \u00e9trangers ont brouill\u00e9 les pistes, mais la poussi\u00e8re semble retomber.<\/p>\n

Toujours de l\u2019inflation dans l\u2019air aux \u00c9tats-Unis…<\/p>\n

Outre-Atlantique, les derniers indicateurs d\u2019activit\u00e9 manufacturi\u00e8re (PMI<\/a>\u00a0et\u00a0ISM<\/a>) \u00e9taient contrast\u00e9s mais s\u2019accordent sur les hausses de prix cons\u00e9cutives aux tariffs, ce qui vaut aussi\u00a0dans les services<\/a>. Gare \u00e0 la persistance de l\u2019inflation am\u00e9ricaine.<\/p>\n

Quant au dernier rapport mensuel sur l\u2019emploi du Bureau of Labor Statistics (BLS), la \u00abreine des statistiques\u00bb US,\u00a0il \u00e9tait franchement mauvais<\/a>\u00a0: pour le quatri\u00e8me mois de suite en ao\u00fbt, les cr\u00e9ations de postes (22.000 contre 75.000 attendues) ont \u00e9t\u00e9 basses, d\u2019autant plus que selon Goldman Sachs, il en faut au moins 80.000 pour stabiliser un ch\u00f4mage d\u2019ailleurs remont\u00e9 \u00e0 4,3%, au plus haut\u2026<\/p>\n

\n Cet article est r\u00e9serv\u00e9 aux abonn\u00e9s. Il vous reste 61% \u00e0 d\u00e9couvrir.\n <\/p>\n

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