IMF Warns US-China Trade War Could Cut Global Economic Growth

The trade war between the United States and China could cut world economic growth next year, the International Monetary Fund (IMF) warned Wednesday. IMF Managing Director Christine Lagarde said U.S. President Donald Trump's threat to tax all trade between the two countries would shrink the global Gross Domestic Product (GDP) by one-half of one percent. This amounts to a loss of about about $455 billion, larger than the size of South Africa's economy," Lagarde said in a...

© La Voix de l'Amérique - mercredi 5 juin 2019