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Trade war could hurt these economies far more than U.S., China

Trade war could hurt these economies far more than U.S., China

Publicerat av Tony Harkén torsdag, 05 juli 2018.

Investors watching the trade tit-for-tat between the United States and China may well have reason to fear the havoc a full blown conflict between the world’s two biggest economies could wreak on the global economy.

A model by economists at Pictet Asset Management in London reckons a 10 percent tariff on U.S. trade fully passed on to the consumer could tip the global economy into a state of stagflation and knock 2 and a half percent off corporate earnings.

Read more at - www.reuters.com/article/us-global-trade-valuechains/trade-war-could-hurt-these-economies-far-more-than-u-s-china-idUSKBN1JV0GL

Publicerat av

Tony Harkén

kina

Klockan i Hong Kong, Kina

CN - Time