April 11, 2018 / 4:24 AM / in 7 months

Moody's sees limited impact of U.S. tariffs on Chinese exports, economy

A Chinese ship is anchored at Port of Santos while being loaded with soybeans in Santos May 19, 2015. REUTERS/Paulo Whitaker/File Photo

(Reuters) - Moody’s Investors Service said on Wednesday the direct impact of the proposed U.S. tariffs on China’s exports and economy will be limited but the “knock-on effects” are expected to be wider.

The global ratings agency said it expects the U.S. and China will prevent a "significant escalation" in their trade dispute going by the negative impact the restrictions will have on both economies. bit.ly/2GOXerr

Reporting by Kanishka Singh in Bengaluru; Editing by Gopakumar Warrier

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below