New Delhi, Feb. 3 -- China's economy is in a much weaker position "this time around" and it will be "substantially harder" for it to withstand a barrage of the US tariffs, Moody's Analytics said.

Moody's Analytics published a report following US President Donald Trump's announcement on tariff hikes for goods from China, Mexico, and Canada.

Trump, who recently took office, announced tariff hikes for goods from China, Mexico, and Canada over the weekend, as was promised during his campaign trail.

The new tariffs, which will take effect from Tuesday, add an extra 10 per cent to tariffs on Chinese goods, sending the effective tariff rate to around 20 per cent when accounting for tariffs already on some Chinese trade, as per the rating agen...