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Uncertainties remain in proposed $200 bln U.S. tariff on China: expert

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2018-07-11 15:35:58Ecns.cn Editor : Mo Hong'e ECNS App Download

(ECNS) - The Trump administration's new round of tariffs on Chinese goods worth $200 billion face uncertainties, according to a Chinese economic expert.

Ma Jun, director of the Center for Finance and Development at the Tsinghua National Institute of Financial Research, said the proposed tariffs do not go into effect immediately, but will undergo a review process before August 30.

It remains unclear whether the tariffs will be implemented or not and what products would be included, while there are various other uncertainties in the next two months, said Ma. 

Ma also said relevant parties in China are studying the impact of trade conflicts on Chinese enterprises and industries and will consider taking corresponding measures to reduce negative impacts.

  

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