Goldman Sachs say escalating US-China tariff tensions a downside risk to economic growth

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

This article was written by Eamonn Sheridan at www.forexlive.com.