Markets Set for Shock From Disappearing Chinese Goods
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Investors are in for a shock in the next few weeks as the slowing flow of goods from China underscores the risks tariffs bring to the US economy, the latest MLIV Pulse survey showed.
Of the 248 respondents to a poll conducted April 28-30, 82% said the impact of fewer shipments from China to American businesses is either somewhat or heavily underpriced in markets. A large majority also see tariffs triggering a US recession this year.