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Published on 18 Nov 2024 on Benzinga

Peter Thiel Says Trump's 60% China Tariff Would Be 'Very, Very Bad' For Beijing,...


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Renowned tech investor and Palantir Technologies’ co-founder Peter Thiel has made a daring prediction about the potential impact of President-elect Donald Trump’s 60% tariff on Chinese goods.

What Happened: On Thursday, during an interview with The Free Press, Thiel suggested that such a tariff would be “very, very bad” for Chinese companies and China as a whole.

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