China’s tariff to hurt companies that depend on exportation

  Moody’s Investors Service said China’s new retaliatory tariffs on US exports, which were announced on Sunday, 1 April 2018, will hurt companies dependent on exports. The tariffs China announced on 128 categories of imports affect a variety of sectors ranging from foodstuff to industrial goods. The direct macroeconomic impact of these tariffs on the United States … Continue reading China’s tariff to hurt companies that depend on exportation