Goldman Sachs
- Continued tariff escalation between US and China presents a downside risk to our current 2025 full-year real GDP forecast of 4.5%
- Also points to significant policy easing by Chinese government in the coming months to mitigate impact and stabilize growth
- Will be further impact on China GDP from potential 50% added tariff from Trump
This article was written by Eamonn Sheridan at www.forexlive.com.