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
Topic |
China economy
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
LIVE
LIVE
As it happened: Donald Trump confirms US companies can continue to sell to Huawei during G20 press conference
- The US president earlier wrapped up a meeting with China's Xi Jinping, with Donald Trump saying the outcome was 'better than expected'
- Trump heading to Seoul to meet South Korean President Moon Jae-in later on Saturday