Reported 2 months ago
A Reuters poll indicates that the U.S. could impose tariffs nearing 40% on Chinese imports as early as 2025, risking a reduction in China's economic growth by up to 1 percentage point. President-elect Donald Trump, aiming to reinforce his 'America First' agenda, will likely avoid initiating blanket tariffs of 60%. Despite recent stimulus efforts, China may struggle to offset potential export declines as tariffs loom, leading economists to expect a continued decrease in growth rates.
Source: YAHOO