Trump presidency tariffs could be a 'major downside growth risk' for China, says Goldman Sachs

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Trump presidency tariffs could be a 'major downside growth risk' for China, says Goldman Sachs

Рет қаралды 4,986

Күн бұрын

Hui Shan, chief China economist of Goldman Sachs, says the implications for the macroeconomy are significant if Donald Trump wins the U.S. presidential election and imposes a 60% tariff on Chinese imports.

Пікірлер: 49

@sns1804 Ай бұрын

How could a nation with 1.4 billion people and a GDP of $18 trillion have less growth potential than the USA with 340 million and $28 trillion GDP, and owes $33 trillion dollars in debt?

@bad209 Ай бұрын

its delusional how the west are right? To further add to your point. Africa is set to add 3 billion more people to the end of the century and Asia is going to increase their population another 2.5 Billion, while the west go through a population decline China's neighbouring countries have a 1.8 billion population and 31 Trillion Doller collective market that is growing 5-8% Anually. the ASEAN alone accounts for 12 trillion with an average annual growth of 5% collectively. Africa economy is growing 7-10% per year and soon by the end of the century will be a formidable continent in wealth. These are all markets that extremely friendly to china. And china practically gets free energy from russia becuase its so low in prices. Giving their manufacturing even more competitive edge than the US. Even if the collective west sanctioned, china now, it would still grow to become bigger than them collectively. As the old addage goes, China has always been the richest country on earth for a reason - its only a matter of time it reclaims its spot. SIMPLY PUT CHINA DOES NOT NEED THE WEST.

@johny-ql4wn Ай бұрын

easy to answer: Innovation, The True innovation never occurred in China in the past 100s yrs.

@Ademirb123 Ай бұрын

65% of all stocks traded at the NYSE is owned by foreigners. Most Americans don't have $400.00 in their savings account

@seymorefact4333 Ай бұрын

$35 TRILLION DEFICIT... BUT, TOTAL USA DEBT (CONSUMERS, CORP, STATE, FEDERAL) IS $85 TRILLION!

@ssuwandi3240 29 күн бұрын

Sshh don't upset their new Arabian associates

@amunra5330 Ай бұрын

Tariffs will send prices through roof in the US. Really bad idea.

@seymorefact4333 Ай бұрын

🤣🤣60% tariff....WHOS PAYING FOR IT? USA CONSUMERS WILL when REAL INFLATION IS AT 15%.

@iroclife7909 Ай бұрын

This would only matter if USA manufactures didn’t set up. I’m for it. Focus all in on America. Tariffs all the way!

@chounoki Ай бұрын

@@seymorefact4333 Don't worry, US consumers always have the option of "$0 buy".

@ssuwandi3240 29 күн бұрын

Only if you buy Made in ,,(Predator) China. The Uniparty already instructed the citizens only buy locals in 2025.. You know what they're up to

@morrismak Ай бұрын

60% tariffs means higher inflation for the US citizens

@whitemoon5752 Ай бұрын

60% tariff is total decoupling

@boiscooka232 Ай бұрын

200% tariff pls

@nickhe6780 Ай бұрын

这你是低估了中国的工业制造能力和规模化成本😂，至少600%tariff才有可能拉平两国制造成本

@vlhc4642 Ай бұрын

American economic collapse is total decoupling you mean, lol

@seymorefact4333 Ай бұрын

🤣🤣60% tariff....WHOS PAYING FOR IT? USA CONSUMERS WILL when REAL INFLATION IS AT 15%.

@xinyiquan666 Ай бұрын

when he put 40% tarrif in 2019 onwards, china rise at 8% 7% 8% , while US one is negative 15% 19% 82%, with 2000000000000000000000% infla

@seymorefact4333 Ай бұрын

🤣🤣60% tariff....WHOS PAYING FOR IT? USA CONSUMERS WILL when REAL INFLATION IS AT 15%.

@johnbanwell Ай бұрын

Indonesia 200% tariff; So much for ASEAN

@hana_moon Ай бұрын

she is got to be a robot powered by AI

@hellonihaocomoestas Ай бұрын

why is the host dressed as if he's going to a cocktail party? is he a diversity hire or something?

@kenyup7936 Ай бұрын

60% tariffs means completely decouple for China US though, also China might be kicked out of WTO, and Chinese stocks might be delisted in the US exchanges.

@BabaYaga826 Ай бұрын

🤣🤣🤣 *Cope Harder*

@boiscooka232 Ай бұрын

🥲 my IQ

@yanzx01 Ай бұрын

China won’t get kicked out of WTO. What it does mean is that Chinese products will enter US via third countries, and US consumers will see a rapid rise in prices, while US companies will lose market share all over the world. Additionally since China can’t export to US directly it will not use US dollar as a trading currency or need it for reserve.

@vlhc4642 Ай бұрын

US will leave WTO you mean, lol

@partricklin9749 Ай бұрын

lol WTO does never even listen to US, also there is pretty much no chinese stock in US

@maryloh3982 Ай бұрын

if china has not figured out exports issues with america I would be surprised

@seymorefact4333 Ай бұрын

🤣🤣60% tariff....WHOS PAYING FOR IT? USA CONSUMERS WILL when REAL INFLATION IS AT 15%.

@rebeccaaldrich3396 Ай бұрын

Did they do an analysis like this about Xi? They should have written "Xi Jin-Pig will ruin Chinese economy." 😅

@user-cn7ie1pw5q Ай бұрын

Yes that is what were waiting for

@rebeccaaldrich3396 Ай бұрын

Trump ❤

@BrandyHeng007 Ай бұрын

China decoupling from US and EU market , moving to Global South.

@djibicisse 27 күн бұрын

@@BrandyHeng007 nice The world should decouple from Chinese manufacturing dumping too Fair is fair

@atatsmail260 Ай бұрын

China got many alternatives

@johny-ql4wn Ай бұрын

like what?

@vlhc4642 Ай бұрын

@@johny-ql4wn What you think you're the only one who wants stuff paid for by Chinese loans? lol What you need to figure out is where is this alternative to China, considering China controls >60% all manufacturing on the planet.

@xinyiquan666 Ай бұрын

@@johny-ql4wn like everything, US is not even within top 8 trade destination of china now

@xinyiquan666 Ай бұрын

@@johny-ql4wn like everything, US is not even top 8 trading partner of china

@3dandelion Ай бұрын

@@xinyiquan666Those other partners will try to protect domestic markets to stop influx of Chinese goods. Brazil & Thailand already started with electric vehicles. Europe will likely levy Tariffs as well.