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Tag Archives: IMF warns increasing US tariffs could cut China growth sharply

IMF warns increasing US tariffs could cut China growth sharply


August 16, 2019

WASHINGTON: China´s economy already is slowing amid the trade conflict with the United States, but if Washington were to ramp up tariffs even further it could cut Chinese growth sharply, the IMF warned Friday. The International Monetary Fund trimmed its growth forecast for China to 6.2 percent this year, assuming no new tariffs are imposed. However, new US tariffs of …

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