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Trump tariffs will probably be 20% on most Chinese imports, not 60%: Goldman Sachs

Despite US president-elect’s vow of high duties across the board, firm’s chief economist forecasts only key goods will face 60% rate.

By: scmp.com

Jan 09 2025
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Trump tariffs will probably be 20% on most Chinese imports, not 60%: Goldman Sachs

Despite US president-elect’s vow of high duties across the board, firm’s chief economist forecasts only key goods will face 60% rate.

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Prioritise growth-oriented regulations, deep tech push; invest in human capital, particularly in STEM fields