Calculations show that under a pessimistic scenario (Trump imposes a one-time 60% tariff on my country shortly after he officially takes office in January 2025), China’s exports may be dragged down by about 6 percentage points, and exports in 2025 may fall to around -3% year-on-year; in terms of industry, the tariff elasticity of exports to the United States in industries such as computers, electronics, petrochemicals, steel, textiles and clothing, home appliances, food and beverages, building materials, basic chemicals, and communications is relatively large.
(Information from “https://m.yicai.com/news/102349497.html”)
Post time: Nov-18-2024
