Goldman Sachs sees Chinese exports declining through 2025, 2026
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Goldman Sachs expects China’s export volumes to contract by 5% in both 2025 and 2026, citing mounting U.S. tariffs and strained trade relations. In a recent note, the bank’s analysts said, “Reaching a near-term deal is very difficult, and the substantial increase in U.S. tariffs on China is expected to significantly weigh on Chinese exports.”
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