The Reality of Tariffs

July 30, 2018

At the beginning of July, the US fired its opening salvo and introduced a 25% tariff on $34bn of Chinese imports, with tariffs on another $16bn due to follow. The US is now planning to impose a 10% tariff on $200bn worth of Chinese imports with the potential of more to come. Many are now becoming concerned over the impact of these tariffs on not just the Chinese and US economy but also the impact on global growth.  

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