Economy & FinanceTrump's Tariffs Could Turn US-China Trade War Into A Problem For All Of Asia: Sajjid Chinoy
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Trump's Tariffs Could Turn US-China Trade War Into A Problem For All Of Asia: Sajjid Chinoy
In an interview with NDTV Profit, the JP Morgan economist explained how Trump's punitive tariffs could send shockwaves across Asia as cheap Chinese goods start hurting domestic manufacturing.
Trump's tariffs could spark a ripple effect, turning a bilateral trade war between the world’s two largest economies into a regional trade conflict in Asia. (Representative image. Source: Envato)
As US President Donald Trump keeps the world guessing about the timing of his big move on China, concerns grow over the regional effects of the proposed punitive tariffs which could reach as high as 60%. According to JP Morgan’s Chief India Economist Sajjid Chinoy, these tariffs could spark a ripple effect, turning a bilateral trade war between the world’s two largest economies into a regional trade conflict in Asia.Chinoy highl...