China's Growth Outlook Dims As Trump's 125% Tariffs Put Millions Of Jobs At Risk, Goldman Warns
About China's Growth Outlook Dims As Trump's 125% Tariffs Put Millions Of Jobs At Risk, Goldman Warns
Trump’s 125% tariffs on Chinese goods could cut China’s GDP by 2.6 percentage points, Goldman Sachs estimates. Up to 20 million Chinese export-linked jobs are at risk amid collapsing trade with the U.S.