Trump is pledging to bring down America’s yawning deficits by slapping duties of 10 percent to 20 percent on all imports, and of 60 percent on those from China. It’s a recipe that risks triggering even greater trade chaos than the tariff wars against China and the EU that shaped his first presidency.

Emmanuel Macron warned that Europe risks getting divided by Donald Trump’s economic policy and being thrown into a simultaneous trade war with Washington and Beijing.

The French president added that European countries risked being divided depending on their relative dependence on the US or Chinese market.

China is ready to go head-to-head with President-elect Donald Trump’s tariffs as he prepares to take back the Oval. If Trump pushes for tariffs as high as 60% on Chinese goods, Beijing isn’t about to sit back.