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Does the U.S. matter to China?
CGTN Europe
Follow
09/03/2025
Are we overestimating the importance of #trade #tensions between #China and the #US? @berthofmanecon from @nuseai shares his opinion with @TheJulietMann
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00:00
The trade issue is one, and it's too early to tell really where that is going. We've now had
00:05
an announcement of 20 percentage point extra tariffs on Chinese exports to the United States.
00:13
But you have to think that the United States is no longer as important for China as it was before.
00:19
The United States exports to the United States constitutes about two and a half percentage
00:24
point of China's GDP. That's not trivial, but it's also not 20 percent or 25 percent,
00:31
sometimes the impression that the United States has.
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