<h1>US Tariffs Threaten China's Economic Growth, Potentially Slashing GDP and Export Performance by Significant Margins</h1> A prominent Chinese economist warns that new US tariffs could reduce China's GDP by 2-2.5 percentage points, potentially impacting exports by 15 percentage points. The tariffs, now at 54%, target various sectors and challenge China's economic growth. Beijing views these measures as protectionist and is considering rebalancing its economy by stimulating domestic consumption, which currently accounts for only 38% of GDP. The trade tensions could significantly affect global economic dynamics and supply chains.