Moody's sees limited impact of U.S. tariffs on Chinese exports, economy

(Reuters) - Moody's Investors Service said on Wednesday the direct impact of the proposed U.S. tariffs on China's exports and economy will be limited but the "knock-on effects" are expected to be wider.

The global ratings agency said it expects the U.S. and China will prevent a "significant escalation" in their trade dispute going by the negative impact the restrictions will have on both economies. http://bit.ly/2GOXerr

(Reporting by Kanishka Singh in Bengaluru; Editing by Gopakumar Warrier)