Donald Trump’s threat to impose tariffs on another $200 billion of Chinese imports could cut as much as half a percentage point from the nation’s economic growth, according to economists.
The warning comes amid signs that the world’s second-biggest economy -- and biggest contributor to global growth -- is already slowing down as a simmering trade dispute with the US risks spiraling into a protracted trade war. China’s economy grew by 6.9 per cent in 2017 and the government has set a growth target of 6.5 per cent for the current year.
Trump on Monday evening ordered identification of $200 billion in