US President Donald Trump has told Fox News he is “very happy” with the trade war. Photo: AFP

‘Not on my watch’: China won’t be number one in the world, says Donald Trump

  • US president tells Fox News he is ‘very happy’ with trade war
Topic |   US-China trade war

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US President Donald Trump has told Fox News he is “very happy” with the trade war. Photo: AFP
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An escalation of the US-China trade war has unnerved investors and increased fears that an economic downturn is on the horizon. Photo: Roy Issa

Will the escalating US-China trade war and its catastrophic aftermath push the global economy into its next recession?

  • The risk of a recession will rise if the trade dispute is prolonged and escalates further, economists and portfolio managers said
  • The world’s two largest economies had appeared closer to a trade deal earlier this month
Topic |   US-China trade war

TOP PICKS

An escalation of the US-China trade war has unnerved investors and increased fears that an economic downturn is on the horizon. Photo: Roy Issa
READ FULL ARTICLE