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FWD's Frederick Ma: US Tariff Hike Inevitable; Trump's Policy to CN Not to Change Much
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FWD Group Chairman Frederick Ma, also former Secretary for Financial Services and the Treasury, said at an event that Donald Trump's policy towards China is not expected to change much with his return to the White House, and that he is pessimistic about trade and US-China relations. He believed that a tariff hike by the US is inevitable, revealing that one of the responses of many manufacturers is to relocate their supply chain from mainland China to other countries. AAStocks Financial News |
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