Shipping containers at the Port of Los Angeles, California. US President Donald Trump has threatened to place 25 per cent tariffs on US$300 billion of Chinese imports as soon as July. Photo: Bloomberg

Global recession less likely thanks to loosening monetary policy, Credit Suisse CIO says

  • Further escalation of trade war, higher oil prices could upset outlook, according to John Woods, CIO Asia-Pacific
  • Credit Suisse sees less than 15 per cent chance of recession in 2020
Topic |   US-China trade war

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Shipping containers at the Port of Los Angeles, California. US President Donald Trump has threatened to place 25 per cent tariffs on US$300 billion of Chinese imports as soon as July. Photo: Bloomberg
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