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IMF: US-China Trade War to Hurt Global Economic Growth

The escalating U.S.-China trade war will inhibit global economic growth this year and next, the International Monetary Fund said Tuesday, even as U.S. President Donald Trump again threatened to impose higher tariffs on Chinese exports sent to the United States. In a new assessment issued at its meeting in Bali, Indonesia, the IMF predicted that "everyone is going to suffer," as the U.S. and China — the world's two biggest economies — spar over tariffs and other trade issues....

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