China is the big exception to Donald Trump’s retreat on tariffs – he’s doubled down on Chinese goods, raising the rate on imports into the US to 125 percent. That’s likely to cause a big slowdown in trade between the two countries – which in turn could mean Chinese goods are diverted to Europe. And many in the bloc say that would be disastrous.
Chapters:
00:00 Tariffed Chinese goods could flood other markets
02:34 Mark Hallerberg, Professor of Political Economy at Hertie School
For more news go to: http://www.dw.com/en/
Follow DW on social media:
►Instagram: https://www.instagram.com/dwnews
►TikTok: https://www.tiktok.com/@dwnews
►Facebook: https://www.facebook.com/deutschewellenews/
►Twitter: https://twitter.com/dwnews
Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch
Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1
