Goldman Sachs say escalating US-China tariff tensions a downside risk to economic growth
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Goldman Sachs
- Continued tariff escalation between US and China presents a downside risk to our current 2025 full-year real GDP forecast of 4.5%
- Also points to significant policy easing by Chinese government in the coming months to mitigate impact and stabilize growth
- Will be further impact on China GDP from potential 50% added tariff from Trump

Source: Forex Live