Potential Impact of 60% Tariffs on China's Growth Rate: UBS Research Insights
Tuesday, 16 July 2024, 02:17
UBS Research: Potential Impact of 60% Tariffs
Insights from UBS Group AG
Key Points:
- If 60% tariffs are imposed on Chinese exports to the US, China's growth rate could decrease significantly.
- The analysis highlights the economic risks that Beijing may face, particularly in the event of political changes in the US.
Understanding the potential ramifications of such tariffs on global economic stability is crucial in the current geopolitical landscape.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.