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ECONOMY

US Tariffs Threaten China's Economic Growth

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Increased US tariffs on Chinese goods, currently at 145% for many products, are forcing Chinese businesses to raise prices, absorb costs, or both, impacting profitability and potentially slowing economic growth. Analysts predict the full impact won't be seen in GDP figures until May or June, when tariffs fully affect shipments. Concerns about reduced investor confidence and a possible drop in growth below 4% have been raised, significantly below China's 5% target.

Prepared by Christopher Adams and reviewed by editorial team.

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