International Monetary Fund

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IMF says U.S.-China trade war is a drag on global economy

Oct 16, 2019By

The International Monetary Fund said global economic growth this year will be the weakest pace since the 2008 financial crisis as the U.S-China trade war and Brexit weigh on the world’s economies. “Higher tariffs and prolonged uncertainty surrounding trade policy have dented investment and demand for capital goods,” said IMF Chief Economist Gita Gopinath.

3d rendering of a row of luxury townhouses along a street

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