CNBC'S THE CHINA CONNECTION NEWSLETTER: THE U.S. WANTS CHINA TO CALL. WHY IT WON’T – FOR NOW
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✍️ Trade tensions between the US and China have escalated, with both sides imposing tariffs on each other's goods. China's economy is expected to grow at a slower pace this year, and the country is looking to stimulate domestic consumption and exports to Southeast Asia.
👉 The US has added 10% tariffs on Chinese goods 👉 China has retaliated with a 125% increase in tariffs on US goods 👉 China's economy is expected to grow at a slower pace this year 👉 China is looking to stimulate domestic consumption and exports to Southeast Asia 👉 China's exports to the US have increased by 10% between 2018 and 2024 👉 China's exports to the European Union and Southeast Asia have surged by 26% and 84%, respectively
-- #DonaldTrump #XiJinping #BruceLiu #PerryWong #JianguangShen #DavidLi #PhamMinhChinh #ToLam #China #US #Vietnam #Malaysia #Cambodia #SoutheastAsia #EuropeanUnion #politics
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