IMF: US Trade Wars Are Risk to America's Economy

The U.S. economy could be weakened by escalating trade wars or a sudden downturn in global financial markets, the International Monetary Fund (IMF) warns. In an annual review of the U.S. economy, the IMF said it was on a 2.6 percent growth track this year, greater than the 2.3 percent growth rate forecast in April. But the report also said the U.S. economy appears to be increasingly vulnerable amid investor concern over America's trade wars, noting they could trigger worsening...

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