US-China Trade Feud: USD 15.7 billion at risk


An American 25% tariff on imports of Chinese goods worth USD 60 billion might cost China USD 15 billion in export losses.
China’s retaliatory tariff imposed on USD 3 billion of American agrifood and steel products means US exporters stand to lose USD 700 million.
Vehicles and electronics could be next on the target list. The financial sector and intellectual property might also be at stake.