China is expected to suffer from a 3.4% deflationary pressure if the United States revokes permanent normal trade relations (PNTR), previously known as most favored nation (MFN) status. Beijing’s concerns about losing its MFN status have increased since the November 5 presidential election victory of Republican candidate Donald Trump, who has vowed to raise tariffs […]
The post China calculates impact of losing most favored nation status appeared first on Asia Times.
China calculates impact of losing most favored nation status
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