Trump's Proposed Tariffs Threaten China's Economic Stability

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|Times of India|4 months ago

Donald Trump's proposed 60% tariffs on Chinese imports pose significant economic risks for China, which is already vulnerable due to a declining property sector and deflationary pressures. The real estate crisis has led to reduced local government revenues and unsustainable debt levels. Additionally, Chinese households face challenges with low expenditure and high debt. The yuan's depreciation and US restrictions have further complicated the situation, raising effective tariffs on Chinese exports. Overall, China's economic landscape is precarious, with potential for worsening conditions if external demand decreases.

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