Since meeting President Xi Jinping at the G20 summit, Donald Trump has threatened to raise tariffs on some US$200 billion of Chinese products if agreement cannot be reached. Photo: AFP

US-China trade war could ‘severely undermine’ global merger activity in 2019, says Baker McKenzie report

  • In a new report, the legal giant says an escalation of trade tensions could knock as much as 0.8 percentage points off global GDP by 2020
Topic |   US-China trade war

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Since meeting President Xi Jinping at the G20 summit, Donald Trump has threatened to raise tariffs on some US$200 billion of Chinese products if agreement cannot be reached. Photo: AFP
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