JP MORGAN WARNS CHINA'S ECONOMIC GROWTH COULD FALL BELOW 4% IN 2025 DUE TO TRUMP'S TARIFFS

JP MORGAN WARNS CHINA'S ECONOMIC GROWTH COULD FALL BELOW 4% IN 2025 DUE TO TRUMP'S TARIFFS
JP Morgan predicts China's economic growth could dip below 4% in 2025, a level not seen since 2001.
The forecast is based on Donald Trump's proposed tariffs, which could increase from 20% to 60% on Chinese imports.
Higher tariffs would severely impact China's economy, also affecting emerging markets and global commodity prices.
A weaker yuan is expected, further lowering commodity prices and adding pressure to growth in emerging markets.