Global Data Pod Research Rap: US-China: cost advantage and mutual dependence

China economists Haibin Zhu and TingTing Ge join Nora Szentivanyi to discuss the impact of a 100%+ US tariff rate on China's cost competitiveness on the US market and the scope for US-China trade to decouple as a result. With recent tariff hikes on China going well beyond our expectations of a hike to 60% ,we also discuss our latest assessment of the associated drags on China’s growth and what policymakers might do to mitigate the trade shock. 

This podcast was recorded on April 24, 2025.

This communication is provided for information purposes only.  Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-4958251-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures.

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