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Goldman Sachs forecasts a 5% decline in China's exports due to U.S. tariffs, harming U.S. and Chinese businesses.
Goldman Sachs predicts a 5% drop in China's exports for 2025 and 2026 due to increased U.S. tariffs and strained trade ties.
This impacts small U.S. businesses dependent on Chinese imports, leading to canceled orders and financial strain.
In China, the Yiwu wholesale market and Guangzhou factories face significant challenges, with cross-border e-commerce orders dropping by 70% and many businesses on the brink of collapse.
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Goldman Sachs pronostica una disminución del 5% en las exportaciones de China debido a los aranceles estadounidenses, perjudicando a las empresas estadounidenses y chinas.