Barclays Sees Mild Impact on US Inflation, Yuan From Tariff Move - 05 iulie 2022: Diferență între versiuni

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<p style="text-align: justify;"><br/></p><p style="text-align: justify;">[[Barclays PLC|Barclays Plc]] (US.BCS) said any rollback of US tariffs on Chinese goods will have only a modest impact on US inflation and the yuan.
<p style="text-align: justify;"><br/></p><p style="text-align: justify;">Barclays Plc (US.BCS) said any rollback of US tariffs on Chinese goods will have only a modest impact on US inflation and the yuan.


If there’s a complete rollback of tariffs, the maximum direct effect on US inflation is a one-time reduction of 0.3 percentage point, Barclays’ analysts including Jayati Bharadwaj wrote in a note. They cited the relatively small share of Chinese imports in the US consumption basket as a reason for the marginal change. </p><p style="text-align: justify; ">For the Chinese currency, the potential improvement in US-China trade relations is also “not a yuan supercharger,” Barclays said. If tariffs were removed on both sides, China’s current account surplus would gain by about $90 billion, the analysts estimated. That would imply an appreciation in the yuan of 1.8%, although the actual impact could be smaller since any potential tariff removal would be delivered in a staggered approach or limited to a subset of Chinese products, they wrote. </p><p style="text-align: justify; "><br/></p><p style="text-align: justify; ">[https://www.bloomberg.com/news/articles/2022-07-05/barclays-sees-mild-impact-on-us-inflation-yuan-from-tariff-move https://www.bloomberg.com/news/articles/2022-07-05/barclays-sees-mild-impact-on-us-inflation-yuan-from-tariff-move]<br/></p>
If there’s a complete rollback of tariffs, the maximum direct effect on US inflation is a one-time reduction of 0.3 percentage point, Barclays’ analysts including Jayati Bharadwaj wrote in a note. They cited the relatively small share of Chinese imports in the US consumption basket as a reason for the marginal change. </p><p style="text-align: justify; ">For the Chinese currency, the potential improvement in US-China trade relations is also “not a yuan supercharger,” Barclays said. If tariffs were removed on both sides, China’s current account surplus would gain by about $90 billion, the analysts estimated. That would imply an appreciation in the yuan of 1.8%, although the actual impact could be smaller since any potential tariff removal would be delivered in a staggered approach or limited to a subset of Chinese products, they wrote. </p><p style="text-align: justify; "><br/></p><p style="text-align: justify; ">[https://www.bloomberg.com/news/articles/2022-07-05/barclays-sees-mild-impact-on-us-inflation-yuan-from-tariff-move https://www.bloomberg.com/news/articles/2022-07-05/barclays-sees-mild-impact-on-us-inflation-yuan-from-tariff-move]<br/></p>
[[Categorie:US.BCS]][[Categorie:Analize]][[Categorie:Stiri despre piata]]
[[Categorie:US.BCS]][[Categorie:Analize]][[Categorie:Stiri despre piata]]
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