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NOTHING IS PERMANENT EXCEPT CHANGE

Donald Trump’s threat to impose tariffs on an additional $200 billion of imported Chinese goods could see China retaliate with a wide range of non-tariff barriers.

Because China only imports around $130 billion worth of goods from the U.S., its ability to match the tariffs dollar-for-dollar is limited. The U.S. imported $505 billion of goods from China last year.

OTHER NEWS

https://www.cnbc.com/2019/04/18/citi-barclays-ing-raise-china-economy-forecast-after-2019-q1-gdp-data.html https://www.bloomberg.com/news/articles/2019-03-08/china-s-gdp-growth-pace-was-inflated-for-nine-years-study-finds

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