Moody’s: direct effects of proposed US tariffs on China are likely understated

The US-based ratings agency, Moody’s Investors Service, is out with the latest report, assessing the impact of the US tariffs on the Chinese economy.

Key Points:

Direct effects of proposed US tariffs on China are likely understated.

Impact of proposed tariffs towards China's exports and the economy is likely understated.

Full extent of overall impact will be seen through knock-on effects.

Domestic supply chain-related issues could magnify effect of the tariffs in specific sectors.