China has reason to exercise restraint against US import tariffs, Moody's Analytics

New York [US], May 20 (ANI): Moody's Analytics believes China has reasons to exercise restraint in announcing retaliatory tariffs against the US, at a time when the latter has imposed import tariffs on various critical goods from China.

In a report, Moody's Analytics asserted that retaliatory action from China is likely, but a return to a full tit-for-tat trade war is unlikely.

Describing the new measures as 'political ma