China-US trade friction to have limited economic impact - report - ConsultFX

China-US trade friction to have limited economic impact - report

A report by China News Service, citing Wang Changlin, a researcher with the National Development and Reform Commission (NRDC) Wang's argument is that the costs of the tariffs will be split and will end up hurting US purchasers as well, thus cushioning the blow that will be seen by the industries affected.