Below is an extract of a post published on Guardian titled "Trump's trade war with China and Europe will hit global growth – IMF"
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Make america great again.- Donald Trump.
What counts is not necessarily the size of the dog in the fight. It's the size of the fight in the dog.- Dwight D. Eisenhower.
The best executive is the one who has sense enough to pick good men to do what wants done, and self-restraint to keep from meddling with them while they do it.- Theodore Roosevelt.
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Via: Guardian
UK’s outlook for 2019 stays at 1.5% but previous forecast for 1.3% this year cut to 1.1% Donald Trump’s trade war with China and Europe is forecast to hit global growth this year and reverberate through 2019, the International Monetary Fund has warned in its latest health check on the global economy. The escalation of the US president’s protectionist policies, which has resulted in the world’s largest economy doubling import duties on some Chinese goods, has dragged down the forecast for growth this year and next, with the world’s largest trading countries, including the US, France, Germany and China, among the hardest hit. Related: World economy at risk of another financial crash, says IMF Continue reading…
