Model simulations suggest a full-blown trade war would slow the global economy by more than 0.8 per cent in 2020. Photo: Chinatopix via AP
Trade war escalation will hit China harder than the US, IMF says
China’s GDP size will be 1.6 per cent lower in 2019 than it otherwise would be, if the US slaps tariffs on all Chinese imports, International Monetary Fund forecasts
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US-China trade war
Model simulations suggest a full-blown trade war would slow the global economy by more than 0.8 per cent in 2020. Photo: Chinatopix via AP