• Fitch says U.S. Govt's proposal to impose tariffs on some imports from China unlikely to have significant impact on Chinese or global economy

Market news

23 March 2018

Fitch says U.S. Govt's proposal to impose tariffs on some imports from China unlikely to have significant impact on Chinese or global economy

  • Broader U.S. tariffs could have sizeable impact on China's economy, would have knock-on effects for supply chain across rest of Asia

  • China's measured response so far & U.S. indications of openness to negotiation suggest trade war should still be avoided

  • Bigger risk is that the U.S. eventually imposes across-the-board tariffs on China

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