China: Rethinking Tariff Risks and Macro Implications
Date: 11 April
New US and global tariffs in isolation are unequivocally negative for China’s growth outlook. Beijing’s policy toolkit in response to sustained tariff risks is also much bigger this time around, creating an additional source of uncertainty to the outlook. We dive into our recent forecast changes in light of new sweeping US tariffs, the range of possible retaliatory responses from China to ongoing trade tensions, and the delicate balancing act between managing strategic interests and domestic economic headwinds.
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TradePrism delivers advanced insights into global trade dynamics, helping policy leaders, supply chain strategists, and risk managers track and forecast bilateral trade flows, tariffs, and shifting global corridors. Covering 120+ economies and 1,200+ products, TradePrism combines high-frequency trade data with Oxford Economics trusted macroeconomic models to support resilient, data-driven decisions.
Trump has moved swiftly to advance a trade agenda that goes beyond what was promised in the campaign. This will have a major impact on global industrial prospects.
