'Don't be so smug' on Trump tariffs, Stephen Roach warns in Hong Kong

Economist says threat should be taken 'literally' with global economy at tipping point

KENJI KAWASE, Nikkei Asia chief business news correspondent

HONG KONG -- Prominent economist Stephen Roach has warned against underestimating U.S. President-elect Donald Trump's campaign promise to slap heavy trade tariffs on China and the rest of the world.

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