Swati Dhingra, an external member of the Bank's rate-setting monetary policy committee, said Trump imposing a 60% tariff on goods from China sold in the US could lead Chinese exporters to cut prices elsewhere. "If there is the kind of big 60% type of tariff increase that's been proposed, that will have repercussions on to world prices, and mostly on the downward direction," she said.
Speaking at a conference in London yesterday, the economist said there was heightened uncertainty about what policies the president-elect would carry through from the campaign trail. Trump warned before this month's election that he would slap tariffs of up to 60% on China and up to 20% on other US trade partners.
Bu hikaye The Guardian dergisinin November 26, 2024 sayısından alınmıştır.
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Bu hikaye The Guardian dergisinin November 26, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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