Donald Trump to unleash nearly 40% tariffs on China in early 2025, hitting growth

Donald Trump to unleash nearly 40% tariffs on China in early 2025, hitting growth

BENGALURU/BEIJING: The United States could impose nearly 40% tariffs on imports from China early next year, a Reuters poll of economists showed, potentially slicing growth in the world’s second-biggest economy by up to 1 percentage point. The poll, the first on China’s economy by Reuters since Donald Trump‘s sweeping election victory on Nov. 5, also … Read more