Stark reminder for all execs talking up SME exposure
The smaller, the more exposed to China
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The risk posed by Donald Trump’s appetite for a trade war with China could derail what promises to be a strong year for trade growth, a leading economist warned delegates at this week’s TPM conference in Long Beach.
IHS Markit chief economist Nariman Behravesh said the biggest threat to global trade expansion this year would come from policy risks, and in particular Mr Trump’s recent decision to raise import tariffs on steel and aluminium imports – the US president calling trade wars ...
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