China's Economic Outlook Dimmed as Trump Set to Impose 40% Tariffs by 2025
Donald Trump
According to a Reuters poll of over 50 economists conducted between November 13-20, the U.S. under President-elect Donald Trump could impose tariffs on Chinese imports nearing 40% by early 2025. This potential move is expected to significantly impact China's economy, with forecasts suggesting a reduction in growth by up to 1 percentage point. While a substantial majority of economists foresee tariffs in the range of 32-37%, there is less consensus on the possibility of blanket 60% tariffs , as
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