Wow! 🎉 In a recent interview with CGTN's Global Business, He Zhiguo, the James Irvin Miller Professor of Finance at Stanford University, shared some intriguing insights about the Trump administration's latest tariffs on Chinese exports.
According to Professor He, the new 10% tariffs imposed on Chinese goods heading to the U.S. are more of a symbolic move than a significant economic hit. 🚩 He believes that the impact on actual prices has been minimal so far.
But hold on! While it might seem like a small bump on the road, Professor He warns that this latest round of tariffs could stir up some volatility in China's financial markets, especially after the Spring Festival holiday. 🎢
So, what's the takeaway? While the tariffs might not shake up prices dramatically, they could still ripple through financial markets, making things interesting in the weeks to come. Stay tuned! 🧐
Reference(s):
Analysis: New Trump tariffs on China more of a 'symbolic' move
cgtn.com
