https://www.taxtmi.com/news?id=40013 A new US tariff regime and removal of duty free exemptions are projected to reduce Chinese GDP by multiple percentage points through lower US demand, disrupted supply chains, export re routing and loss of small parcel flows, exacerbating an economy already weakened by weak domestic consumption and housing sector strains; Beijing has replied with reciprocal tariffs and export controls while calling for domestic rebalancing and private sector revitalisation. en-us Mon, 07 Apr 2025 16:01:03 +0530 Mon, 07 Apr 2025 16:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=40013 A new US tariff regime and removal of duty free exemptions are projected to reduce Chinese GDP by multiple percentage points through lower US demand, disrupted supply chains, export re routing and loss of small parcel flows, exacerbating an economy already weakened by weak domestic consumption and housing sector strains; Beijing has replied with reciprocal tariffs and export controls while calling for domestic rebalancing and private sector revitalisation. News - Mon, 07 Apr 2025 16:01:03 +0530 https://www.taxtmi.com/news?id=40013