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BRIEF-Moody's says New U.S. Tariffs Will Weigh On Global Economy

Aug 5 (Reuters) - MOODY'S:

* MOODY'S SAYS NEW U.S. TARIFFS WILL WEIGH ON GLOBAL ECONOMY AND BE NEGATIVE FOR TECH, MANUFACTURING AND RETAIL SECTORS

* MOODY'S SAYS RISK OF FURTHER ESCALATION OF U.S.-CHINA TRADE DISPUTE AND MORE TARIFFS AND INVESTMENT RESTRICTIONS REMAINS HIGH

* MOODY'S SAYS SIGNIFICANT U.S.-CHINA TRADE DEAL IS NOT LIKELY THIS YEAR

* MOODY'S - EXPECT MONETARY POLICY ACROSS REGIONS, FISCAL POLICY IN CHINA, TO BE MORE SUPPORTIVE TO PREVENT RAPID DETERIORATION IN FINANCIAL CONDITIONS

* MOODY'S SAYS U.S. TARIFFS WILL BE CREDIT NEGATIVE FOR U.S. SECTORS INCLUDING COMPUTERS AND ELECTRONICS, MANUFACTURING, AND APPAREL AND LEATHER.

* MOODY'S SAYS U.S. TARIFFS WILL HAVE THE SAME EFFECT AS A TAX ON U.S. CONSUMER

* MOODY'S SAYS ESTIMATE THAT U.S. TARIFFS WILL RESULT IN ONETIME PRICE INCREASE OF AROUND 20 BPS FOR AVERAGE URBAN CONSUMER BASKET OF GOODS

* MOODY'S SAYS NEW U.S TARIFFS WILL APPLY MAINLY TO CONSUMER GOODS & RESULT IN HIGHER PRICES IN U.S. FOR EVERYDAY ITEMS LIKE ELECTRONICS, CLOTHING, TOYS

* MOODY'S SAYS HEIGHTENING OF U.S.-CHINA TRADE TENSIONS WILL MAKE IT MORE LIKELY U.S. FED WILL FURTHER CUT INTEREST RATES

* MOODY'S SAYS DIRECT ECONOMIC EFFECT OF NEWLY ANNOUNCED U.S. TARIFFS WILL BE MANAGEABLE GLOBALLY

* MOODY'S SAYS NEW 10% U.S. TARIFFS BY THEMSELVES WILL ONLY SHAVE 0.1-0.2 PERCENTAGE POINT OFF GLOBAL GROWTH OVER NEXT YEAR

* MOODY'S SAYS U.S. WILL EXPERIENCE FURTHER ECONOMIC EFFECTS FROM ONGOING TRADE DISPUTE THROUGH INDIRECT CHANNELS

* MOODY'S SAYS ESCALATION OF TRADE TENSIONS TO INCREASINGLY WEIGH ON GLOBAL ECONOMY & SUPPLY CHAINS WITH DECELERATING GROWTH IN U.S., EURO AREA AND CHINA