Testimonials

RW Freight provide an excellent service. No problems at all

Sweden Groupage Exporter
90313

No issues top marks all round

Norway Groupage Exporter
35869

The level of service from RW Freight Services was excellent. Everything went according to plan and the whole shipment ran trouble free.

Nordic Export Freight
70934

More Testimonials

air freight Australia Brexit Canada cargo China container containers Covid-19 Denmark exporters exports exports China Finland France freight freight forwarders freight forwarding Freight Shipping Germany Gothenburg Hong Kong imports India Ireland italy Japan logisitics logistics Netherlands Norway Poland rail freight russia Seafreight shipping South Africa Spain Sweden Sweden freight Swedish Switzerland Turkey USA wine

How Donald Trump could wipe $420 billion off China’s exports

Tags: , ,


Victory for Donald Trump in the US Presidential election may effect China’s economy in a major way.

The candidate’s promise to slap punitive tariffs on Chinese imports would be highly contractionary, deflationary and wipe hundreds of billions off the value of the world’s second-biggest economy, according to new research by Kevin Lai, the Hong Kong-based chief economist for Asia (excluding Japan) at Daiwa Capital Markets.

Lai estimates that Trump’s suggestion of a 45% tariff for Chinese imports would cause an 87% decline in China’s exports to the USA.