The conflict between the US and China is likely to cast a shadow over the global economy for some time to come. Photo: EPA-EFE
The conflict between the US and China is likely to cast a shadow over the global economy for some time to come. Photo: EPA-EFE

US-China trade unpredictability likely to weigh on global economy

  • Given large gaps between US and Chinese positions, deal ending trade war may not be possible before the end of the year, analysts say
  • Uncertainty is causing businesses to postpone decisions, hurting investment and consumption

The conflict between the US and China is likely to cast a shadow over the global economy for some time to come. Photo: EPA-EFE