Investment Executive on Nostr: Tariff hikes inflict political pain, not economic ========== New U.S. tariff ...
Tariff hikes inflict political pain, not economic
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New U.S. tariff increases on certain Chinese imports won’t have much economic impact. The affected goods represent less than 0.1% of GDP and just 0.5% of total imports. The tariffs are significant from a geopolitical point of view, indicating continued fragmentation in global trade and related geopolitical risk. The latest tariffs intensify the U.S.-China rivalry over clean energy technologies and supply chains. Retaliation by China could escalate the trade action, increasing the negative economic effects. Exposure will be greatest for companies with single-source Chinese suppliers, especially for U.S. automakers that rely on Chinese battery imports.
#Tariffs #UschinaTradeWar #GeopoliticalRisk #CleanEnergyTechnologies #SupplyChains
https://www.investmentexecutive.com/news/research-and-markets/tariff-hikes-inflict-political-pain-not-economic/
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New U.S. tariff increases on certain Chinese imports won’t have much economic impact. The affected goods represent less than 0.1% of GDP and just 0.5% of total imports. The tariffs are significant from a geopolitical point of view, indicating continued fragmentation in global trade and related geopolitical risk. The latest tariffs intensify the U.S.-China rivalry over clean energy technologies and supply chains. Retaliation by China could escalate the trade action, increasing the negative economic effects. Exposure will be greatest for companies with single-source Chinese suppliers, especially for U.S. automakers that rely on Chinese battery imports.
#Tariffs #UschinaTradeWar #GeopoliticalRisk #CleanEnergyTechnologies #SupplyChains
https://www.investmentexecutive.com/news/research-and-markets/tariff-hikes-inflict-political-pain-not-economic/