Trump tariffs to harm growth: Experts

The wave of tariff hikes proposed by United States President-elect Donald Trump would harm global livelihood and economic growth, while it can't help resolve the country's domestic economic issues, global experts said.

They made the remarks at the 9th China Global Think Tank Innovation Forum held in Beijing on Wednesday, where experts discussed the potential global impact of Trump's return to the White House, especially over his controversial tariff policies.

Jeff Nankivell, president and CEO of the Asia Pacific Foundation of Canada, stated that tariffs are one of the most regressive forms of tax, especially affecting the poorest consumers and members of society.