Goldman Sachs sees Chinese exports declining through 2025, 2026
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Goldman Sachs expects China’s export volumes to contract by 5% in both 2025 and 2026, citing mounting U.S. tariffs and strained trade relations. In a recent note, the bank’s analysts said, “Reaching a near-term deal is very difficult, and the substantial increase in U.S. tariffs on China is expected to significantly weigh on Chinese exports.”
Goldman Sachs expects China’s export volumes to contract by 5% in both 2025 and 2026, citing mounting U.S. tariffs and strained trade relations.
In a recent note, the bank’s analysts said, “Reaching a near-term deal is very difficult, and the substantial increase in U.S. tariffs on China is expected to significantly weigh on Chinese exports.”
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