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Analysis: New Trump tariffs on China more of a 'symbolic' move

By admin Feb5,2025

He Zhiguo, the James Irvin Miller Professor of Finance at Stanford University, said in an interview with CGTN’s Global Business that the Trump administration’s decision to impose a 10% tariff on Chinese exports to the US has had only a minimal effect on actual prices, viewing it primarily as a symbolic gesture. However, he cautioned that this latest round of tariffs could lead to volatility in China’s financial markets following the Spring Festival holiday.

By admin

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