UBS lowers forecast for China 2025 GDP growth to 3.4% on tariff hikes
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UBS has downgraded its China GDP growth forecast to
3.4% for 2025, on the assumption that tariff hikes between it and the United
States will ... |
Sky-high US-China tariffs are a mutual trade embargo that will hurt both sides
Effects could tip one into recession and undermine other's fragile economy but prospects for rapprochement are not hopeless. View article...