According to the latest Bloomberg survey of analysts, the next round of tariffs that the US President Trump has threatened on $300 billion of Chinese imports is likely to drag China’s annual GDP growth rate below 6%. This would be the slowest expansion in almost two decades for the world’s second largest economy. Key Findings: “Once introduced, the extra 10% tariffs would cut up to 0.5 percentage point from gross domestic product expansion compared with the previous year, The new tariffs will subtract between 0.5 and 1 percentage points from China’s export expansion, according to 7 of 12 analysts who answered a question on that. Currently the U.S. will impose some of the tariffs from Sept. 1, while the rest will go into effect in December.” US-China trade war is bad, but we’re doing well – Global Times FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD looks weak ahead of Powell Yohay Elam 4 years According to the latest Bloomberg survey of analysts, the next round of tariffs that the US President Trump has threatened on $300 billion of Chinese imports is likely to drag China's annual GDP growth rate below 6%. This would be the slowest expansion in almost two decades for the world's second largest economy. Key Findings: "Once introduced, the extra 10% tariffs would cut up to 0.5 percentage point from gross domestic product expansion compared with the previous year, The new tariffs will subtract between 0.5 and 1 percentage points from China's export expansion, according to 7 of 12 analysts… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
