US President Donald Trump speaks with China’s Vice-Premier Liu He after a trade negotiating session in Washington in January. Photo: EPA
US-China trade war could slash US$1 trillion from US economy in a decade warns Chamber of Commerce
- New study from the US Chamber of Commerce finds that should tariffs increase, US gross domestic product, employment, investment and trade will all decline
- Research focuses on the information communications technology sector, which is set to be among the hardest hit by a prolonged trade war
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US-China trade war
US President Donald Trump speaks with China’s Vice-Premier Liu He after a trade negotiating session in Washington in January. Photo: EPA