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FINANCIAL TIMES 22-11-16 Donald Trump faces the reality of world trade The US president-elect must decide what to do about China by: Martin Wolf Might China rescue the globalisation of trade from its rejection by the US, under President Donald Trump? Could the threat of Chinese leadership, or pressure from US business, persuade Mr Trump […]

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The proposed U.S. tariffs on an additional $200 billion in Chinese goods, if implemented, could harm the world’s second-largest economy, said Piyush Gupta, CEO of Singapore’s DBS Bank. That’s because the targeted Chinese goods include a greater number of finished products, which can be replaced by similar ones from other sources, he said.

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