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MNI: Goldman Sachs said the impact of Trump..........>

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MNI: Goldman Sachs said the impact of Trump tariffs on Chinese growth is likely
to be small, with a negative 10-20bp on Chinese GDP. 
- Lowered forecast for the 7-day repo rate from 3% to 2.75% at year-end and also
expects 50bp of RRR cuts in Q3/Q4 in response to the trade risks.
- Tariffs on U.S. goods may have a modest effect on CPI inflation: 10-20bp. 
- Further tariffs threatened by Trump are still uncertain; tariffs announced
thus far and even de-escalation are possible in the next three weeks after
negotiation. 

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