What trade war?

Two major policy changes in Washington – the tax reform bill and tariffs on Chinese imports – have been talking points for US private equity this year but are not yet affecting portfolios. By Isobel Markham

The US has imposed several rounds of tariffs on Chinese products totalling $250 billion-worth of goods since the beginning of the year. The first two rounds placed 25 percent tariffs on $50 billion-worth of imports, including nuclear reactors and lithium batteries.

From 24 September, a further $200 billion-worth of goods, covering almost 5,750 items, are subject to a 10 percent tax, increasing to 25 percent in January.

Share this