US trade war could divert Chinese goods to European markets

TheCyprus



US President Donald Trump’s decision to suspend raised tariffs on imports does not apply to Chinese goods, which face a 145 percent levy. China might seek to sell their products in Europe – even if it means slashing prices. Some analysts say that this could undermine European industries that are already struggling with Chinese competition.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Total
0
Share