Donald Trump, the newly elected U.S. president, has proposed imposing a 60% tariff on Chinese imports, which has raised concerns about China's economic growth.

Analysts are closely watching the potential impact of these tariffs on trade relations and costs for consumers and businesses.

Major financial institutions are discussing the potential effects on global markets and supply chains. Stakeholders in both the U.S. and China are advised to prepare for potential economic consequences resulting from this trade policy stance.