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China Emerges from Trump's Trade War in a Stronger Position
๐Ÿ“ˆ Business

China Emerges from Trump's Trade War in a Stronger Position

Despite President Trump's sweeping tariff threats, the overall average weighted tariff on Chinese goods ended up roughly unchanged and now sits lower than the tariffs applied to countries like Brazil and Canada. This means China has effectively navigated the trade war without a significant increase in barriers. Other nations ended up shouldering comparatively higher tariff burdens.

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