Will the US-China trade changes be enough?

According to research by Goldman Sachs, China’s monetary, fiscal and other policy easing measures won’t fully counteract the USA’s astronomical 145% trade tariff. Experts have revised their real GDP growth forecast for the country, cutting it by 0.5% to 4% in 2025. The impact of tariffs on Chinese goods, if they stick, is expected reduce the nation’s real GDP by 2.6 percent, with much of it happening this year. In a bid to minimise the impact of this “unsustainable” rate, China is expected to increase spending and cut its policy rate. The belief that the US is specifically targeting China...