US–China Trade War to Hurt Chinese Economy

US–China Trade War to Hurt Chinese Economy
U.S. President Donald Trump (R) and Chinese leader Xi Jinping (L) prepare to shake hands during dinner at the Mar-a-Lago estate in West Palm Beach, Florida, on April 6, 2017. Jim Watson/AFP/Getty Images
Emel Akan
Emel Akan
Reporter
|Updated:

The start of a trade war between the United States and China comes at a difficult time for the Chinese economy. Domestic economic growth is slowing down and tariffs are expected to put more pressure on growth, experts say.

China’s total exports to the United States accounted for 3 percent of China’s gross domestic product (GDP) in 2017. U.S. tariffs on Chinese exports could cut between 0.1 and 0.5 percentage points off Chinese economic growth, depending on the scale and intensity of the conflict, according to Zhu Haibin, chief China economist at JPMorgan.

Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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