(Reuters) - Moody's Investors Service said on Wednesday the direct impact of the proposed U.S. tariffs on China's exports and economy will be limited but the "knock-on effects" are expected to be wider.
The global ratings agency said it expects the U.S. and China will prevent a "significant escalation" in their trade dispute going by the negative impact the restrictions will have on both economies. https://bsmedia.business-standard.combit.ly/2GOXerr
(Reporting by Kanishka Singh in Bengaluru; Editing by Gopakumar Warrier)