(ECNS) - A Chinese financial expert has downplayed the impact of potential new tariffs on China by the United States, China Central Television reported.
U.S. President Donald Trump's administration has released a list of $200 billion worth of Chinese exports to the U.S. that could be subject to a new 10 percent tariff.
Guan Tao, a senior researcher of China Finance 40 Forum, a non-government think-tank dedicated to policy research on economics and finance, said the news may bring certain negative sentiment to the financial market in the short term, but in the long run the fundamentals of China's financial market will not change, so there is no need to overestimate the impact of the U.S. policy.
