Inside the News - Edition #937

Allan Leibowitz -
Inside the News
- 22 Aug 2019 ( #937 )
<1 min read
There's been lots of speculation about the impact of the trade war between the United States and China, but a report this week from Bloomberg put a number to that dispute: USD585 billion.
Bloomberg economists say uncertainty over trade could lower the global GDP by 0.6% in 2021.
According to the report, China would be hit harder by the uncertainty factor, with its GDP lowered by 1%, while the tension will shave a 0.6% chunk off America's economic output.
And then there's Brexit!
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