The impact of the Sino-U.S. tariff war on China hasn’t been as significant as expected so far, but that doesn’t mean the impact of continuous escalation of the trade war can be ignored.
Given that the impact of additional tariffs on $300 billion yuan of Chinese exports to the U.S. has yet to show itself, and that Chinese re-exports to the U.S. through member countries of the Association of Southeast Asian Nations (ASEAN) are likely to face more regulatory pressure, the adverse impact of the ongoing trade war will become more obvious in the future.