Trump's trade war with China and Europe will hit global growth – IMF
UK’s outlook for 2019 stays at 1.5% but previous forecast for 1.3% this year cut to 1.1%
UK’s outlook for 2019 stays at 1.5% but previous forecast for 1.3% this year cut to 1.1%
World stocks rose to a six-month high on Tuesday, lifted by investor optimism that a U.S.-Mexico deal to overhaul the North American Free Trade Agreement will go some way to averting a global trade war.
A prolonged U.S. trade war with China and Europe would dent global economic growth and force investors to reassess the profitability of U.S. companies, some of the biggest hedge funds and private equity investors in the United States warned at an investment conference on Wednesday.
China blames U.S. for 'largest-scale trade war'
World stocks came off six-week lows and U.S. stock futures jumped on Monday on optimism that the United States and China are set to begin negotiations on trade, easing fears about a trade war between the world’s two largest economies.
Fears of an escalating trade war roiled Asian markets, hitting the share prices of steelmakers and manufacturers supplying U.S. markets particularly hard.