{"id":41289,"date":"2025-02-07T21:14:38","date_gmt":"2025-02-07T21:14:38","guid":{"rendered":"https:\/\/www.africa-press.net\/eritrea\/all-news\/us-chinese-trade-restrictions-likely-to-escalate-further-fitch"},"modified":"2025-02-11T00:26:14","modified_gmt":"2025-02-11T00:26:14","slug":"us-chinese-trade-restrictions-likely-to-escalate-further-fitch","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eritrea\/all-news\/us-chinese-trade-restrictions-likely-to-escalate-further-fitch","title":{"rendered":"US-Chinese trade restrictions likely to escalate further: Fitch"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Eritrea. <\/strong><\/span>The possibility of more trade limitations between the US and China is high, according to a report released by Fitch Ratings on Friday.<\/p>\n<p>&#8220;We continue to view the risk of further \u2013 and potentially more disruptive \u2013 actions affecting trade between the two countries as high,&#8221; it said.<\/p>\n<p>On the other hand, the report said that the bilateral trade restrictions imposed so far by the US and China were expected and had not changed Fitch&#8217;s views on China and Chinese companies&#8217; credit profiles.<\/p>\n<p>The US&#8217; recent implementation of tariffs on Chinese imports raised the effective tariff rate to 20%, along with it eliminating an exemption that permitted Chinese exports to the US valued less than $800 to enter without import tariffs or formal customs procedures.<\/p>\n<p>&#8220;We still think US tariffs on Chinese imports are likely to rise further in 2025, in line with President Donald Trump\u2019s description of the 10% increase as an &#8216;opening salvo&#8217; and his focus on reducing US trade deficits,&#8221; the statement added.<\/p>\n<p>China\u2019s economy is still expected to grow 4.3% in 2025 and to embrace a more expansionary fiscal policy.<\/p>\n<p>Although the US paused the implementation of 25% tariffs on Canada and Mexico, there is still a possibility of tariffs being imposed on goods from other markets like the EU, according to the report.<\/p>\n<p>The tariffs on EU countries could affect the global demand for Chinese exports more than estimates, it added.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Eritrea<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Eritrea. The possibility of more trade limitations between the US and China is high, according to a report released by Fitch Ratings on Friday. &#8220;We continue to view the risk of further \u2013 and potentially more disruptive \u2013 actions affecting trade between the two countries as high,&#8221; it said. On the other hand, [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":41288,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[171,6456,233,1322,2346,6379,910],"class_list":["post-41289","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-china","tag-credit-score","tag-eritrea","tag-fitch-ratings","tag-global-trade","tag-tariffs","tag-usa"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>US-Chinese trade restrictions likely to escalate further: Fitch - Eritrea<\/title>\n<meta name=\"description\" content=\"The possibility of more trade limitations between the US and China is high, according to a report released by Fitch Rati ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/us-chinese-trade-restrictions-likely-to-escalate-further-fitch\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US-Chinese trade restrictions likely to escalate further: Fitch\" \/>\n<meta property=\"og:description\" content=\"The possibility of more trade limitations between the US and China is high, according to a report released by Fitch Rati ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/us-chinese-trade-restrictions-likely-to-escalate-further-fitch\" \/>\n<meta property=\"og:site_name\" content=\"Eritrea\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-07T21:14:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-11T00:26:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2025\/02\/sm_1738951331.304326.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"405\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/us-chinese-trade-restrictions-likely-to-escalate-further-fitch#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/us-chinese-trade-restrictions-likely-to-escalate-further-fitch\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"US-Chinese trade restrictions likely to escalate further: Fitch\",\"datePublished\":\"2025-02-07T21:14:38+00:00\",\"dateModified\":\"2025-02-11T00:26:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/us-chinese-trade-restrictions-likely-to-escalate-further-fitch\"},\"wordCount\":250,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/us-chinese-trade-restrictions-likely-to-escalate-further-fitch#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2025\/02\/sm_1738951331.304326.jpg\",\"keywords\":[\"CHINA\",\"Credit Score\",\"Eritrea\",\"Fitch Ratings\",\"global trade\",\"tariffs\",\"USA\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/eritrea\/all-news\/us-chinese-trade-restrictions-likely-to-escalate-further-fitch#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/us-chinese-trade-restrictions-likely-to-escalate-further-fitch\",\"url\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/us-chinese-trade-restrictions-likely-to-escalate-further-fitch\",\"name\":\"US-Chinese trade restrictions likely to escalate further: Fitch - 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