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Cryptopolitan 2024-11-11 17:32:32

Goldman Sachs says Trump’s tariffs will hurt many Asian economies, not just China

Donald Trump’s return with a tougher trade stance spells trouble, not just for China but for plenty of other Asian economies, according to Goldman Sachs. Andrew Tilton, the bank’s top Asia-Pacific economist, warned that Trump’s obsession with cutting the U.S. trade deficit might bring more countries into the line of fire. Trump’s “whack-a-mole” strategy could

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