Trump’s 104% tariffs could cut down China’s GDP growth by 2.4 percentage points, warns Goldman Sachs

An aerial view of Xiasha Container Terminal on a canal in Hangzhou in east China’s Zhejiang province (Pic credit: AP) US President Donald Trump‘s latest round of sweeping tariffs—now fully in effect—are expected to deliver a significant blow to China’s economy, with Goldman Sachs warning […]