An employee monitors a weaving machine at a textile factory in Shangqiu in China’s central Henan province in September 2018. The trade war has taken a toll on global export growth. Photo: AFP An employee monitors a weaving machine at a textile factory in Shangqiu in China’s central Henan province in September 2018. The trade war has taken a toll on global export growth. Photo: AFP
An employee monitors a weaving machine at a textile factory in Shangqiu in China’s central Henan province in September 2018. The trade war has taken a toll on global export growth. Photo: AFP
David Brown
Opinion

Opinion

Macroscope by David Brown

Trade war deal or no deal, the damage to the world economy has been done. Central banks must act soon

  • The trade war has taken its toll on export-led nations, such as Germany, Japan and China. With indications that even the US economy is losing steam, it’s time for central banks to pick up the slack

An employee monitors a weaving machine at a textile factory in Shangqiu in China’s central Henan province in September 2018. The trade war has taken a toll on global export growth. Photo: AFP An employee monitors a weaving machine at a textile factory in Shangqiu in China’s central Henan province in September 2018. The trade war has taken a toll on global export growth. Photo: AFP
An employee monitors a weaving machine at a textile factory in Shangqiu in China’s central Henan province in September 2018. The trade war has taken a toll on global export growth. Photo: AFP
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David Brown

David Brown

David Brown is the chief executive of New View Economics. Over a career spanning four decades in London, David held roles as chief economist in a number of international investment banks.