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Who is most affected by US-China trade negotiations?

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Our Stand on the US-China trade war

Watch: Who is most affected by US-China trade negotiations?

“It’s actually the little guys,” shares Paul Gruenwald, Chief Global Economist for S&P Global Ratings, “the big guys can take care of themselves.” In this first installment of S&P Global’s “China Insights” video series, Paul explains that tariff negotiations between the US and China will most significantly impact small to medium sized export economies. For more of S&P Global’s China Insights, visit