Wall Street starts to cut China GDP forecasts on U.S. trade tensions
Written by Black Hot Fire Network on April 9, 2025
Trucks line up at the container terminal in the Longtan Port area of Nanjing Port, Jiangsu province, China on the evening of April 8, 2025.
Cfoto | Future Publishing | Getty Images
BEIJING — Citi on Tuesday became one of the first investment firms to lower its China growth forecast on escalating trade tensions with the U.S.
In less than a week, U.S. tariffs on goods from China have more than doubled, while Beijing has hit back with more duties and restrictions on U.S. businesses.
Citi analysts cut their forecast for . . .
