The US has imposed 10 per cent tariffs on US$200 billion worth of Chinese exports, and had threatened to increase them to 25 per cent on January 1, before agreeing to a 90-day ceasefire. Photo: Reuters
The US has imposed 10 per cent tariffs on US$200 billion worth of Chinese exports, and had threatened to increase them to 25 per cent on January 1, before agreeing to a 90-day ceasefire. Photo: Reuters
US-China trade war
Economy /  China Economy

Trade war can seriously derail China economic development, says Mohamed El-Erian

  • China could slip into middle income trap if trade war persists
  • By ending trade war, China can regain economic momentum, says Mohamed El-Erian

Karen Yeung
Karen Yeung

Updated: 11:04pm, 8 Dec, 2018

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The US has imposed 10 per cent tariffs on US$200 billion worth of Chinese exports, and had threatened to increase them to 25 per cent on January 1, before agreeing to a 90-day ceasefire. Photo: Reuters
The US has imposed 10 per cent tariffs on US$200 billion worth of Chinese exports, and had threatened to increase them to 25 per cent on January 1, before agreeing to a 90-day ceasefire. Photo: Reuters
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