China's Export Juggernaut Faces Trump's Tariff Storm
9 months ago
6
China's Export Juggernaut Faces Trump's Tariff Storm
2024: Chinese exports soar to $3.6T, with a staggering $992B trade surplus! 📷
Vulnerability Alert: More export-dependent than in 2006, setting the stage for economic turbulence. 📷
Trump's Threat: 60% tariffs loom, potentially slashing China's GDP by 2.5%! 📷
Factory Overdrive: EVs, steel, and chemicals flood global markets, but at what cost? 📷
Domestic Woes: Weak spending and plummeting prices leave Chinese firms exposed. 📷
Will China's economy weather this storm, or is a reset on the horizon? 📷 Share your thoughts! 📷
Source: AP
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