Exports from China to the U.S. could fall by close to a half-trillion dollars ($485 billion) between now and 2027, according to a tariff simulator that forecasts shifts in global trade. Trade talks between the U.S. and China
resumed on Monday in Stockholm. Given China’s dominant position in trade with the U.S., that decline will be larger than the total decline in global exports to the U.S. when all nations are factored into the model.