Economists expect Trump to place huge tariffs on Chinese imports: Survey ...Middle East

Economists are expecting President-elect Trump to place tariffs of around 40 percent on Chinese imports, according to a new survey from Reuters. In the survey of economists, 45 percent said the “level of tariffs imposed by Trump on Chinese goods” will be between 31 and 45 percent. Thirty-five percent said the level would be between 15 and 30 percent and 20 percent said the level would be between 46 and 60 percent. Trump has heavily backed tariffs as a way of strengthening the U.S. economy, but critics have argued it could lead to higher prices for consumers as trading partners raise their own tariffs on U.S. exports in response to the U.S. tariffs. U.S. tariffs are generally mea

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