As US election comes to a close, 1 thing is certain: more tariffs on China

Quick Summary:

Higher tariffs are a near-certainty with Donald Trump set to reenter the White House, but China is prepared for a new phase of struggle.

Trump – who initiated the trade war in his first term – said he will escalate current tariffs to 60 per cent on all Chinese imports, and add a 10 or 20 per cent blanket tariff on all foreign goods entering the US.

After this week’s US presidential election, Vietnam-based consultant Kyle Freeman doubts demand for his services has anywhere to go but up.

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Article Details

Author / Journalist: Kinling Lo

Category: Business

Markets: Hong KongChinaVietnam

Topics: Foreign Election Trade American Cent Tariffs Freeman Imports China Current Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 11:59:40 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 271 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23477677

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About SCMP

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Official Website: scmp.com

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Year Established: 1903

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News Last Updated: 3 hours ago

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Publisher ID: #42

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