Economics
China Braces for More Pain From the Trade War as Economy Slows
- Trade, output data in coming days to signal impact of tariffs
- Threat of further levies on $200 billion could hit growth hard
This article is for subscribers only.
Further evidence of Donald Trump’s trade war with China is set to show up in economic data due from Friday, although it will likely just be a taste of things to come.
From exporters of Wi-Fi equipment to households splurging on Maine lobsters and other American goods, China is beginning to adjust to the effect of the current tariffs from both nations, and the possibility of more. Hints at what’s happening will come in June’s trade data from 10:00 a.m. Beijing time and second quarter gross-domestic product figures due on Monday.