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How Trump’s tariff plans will impact China’s economy this time
![IndiaTimes]()
Wednesday, 6 November 2024
Donald Trump's proposed 60% tariffs on Chinese imports pose significant economic threats to China. China's property sector crisis, deflationary pressures, and unsustainable local government debt contribute to its economic vulnerability. While China maintains competitiveness in certain sectors, US restrictions and potential tariff hikes necessitate a strategic response to navigate these challenges.
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