💨 Abstract

The article discusses Moody's Analytics' report stating that China's economy is in a weaker position to withstand US tariffs, due to its current economic condition. Following Trump's announcement of tariff hikes for goods from China, Mexico, and Canada, China's response has been more muted, while Canada and Mexico have announced plans to retaliate with their own tariffs.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖