New Trump Tariff Impact On China Likely Overestimated: Andy Rothman [Forbes]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: Forbes
Pictured: An advertisement for the Singles' Day shopping event on Alibaba Group's Tmall e-commerce platform at a subway station in Shanghai this week. Singles' Day is China's biggest annual bargains extravaganza built around a Nov. 11 event that Alibaba popularized more than a decade ago. Photographer: Qilai Shen/Bloomberg © 2024 Bloomberg Finance LP Donald Trump's election comeback on Tuesday has created expectations of an increase in tariffs on American imports from China, a country that he targeted for higher duties during his first term in office. Yet the ultimate impact of those taxes on China itself may be less than some believe, according to Andy Rothman, an investment strategist and long-time China watcher at Matthews Asia in San Francisco. “I think that the real impact of another round of Trump tariffs on China will be much less than the impact on sentiment,” Rothman said in a Zoom interview. “The lessons from the recent period going back to the first round of Trump tar
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