What weapons does China have in the trade war?
Published on Monday, July 30, 2018
What weapons does China have in the trade war?
Summary
The trade war between China and the USA finally broke out on 6 July, when the US imposed 25% tariffs on US$34 billion worth of imports from China, to which China responded by applying the same tariff to the value of imports from the US.
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- Geography Tags
- China
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- Macroeconomic Analysis
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Authors
Le Xia
BBVA Research - Chief Economist