US President Trump’s tariffs, now fully implemented, are projected to significantly impact China’s economy, potentially reducing its growth by 2.4%. Goldman Sachs forecasts a lower 4.5% growth for China, against its 5% target. These tariffs, along with levies on other nations like Lesotho, Vietnam, and the EU, escalate global trade tensions. China has vowed retaliation, prompting Trump to threaten further tariffs.
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