WASHINGTON -- A further escalation of the trade war will slice 2% off China's real gross domestic product in 2020, a new forecast by the International Monetary Fund shows.
Trade war
Deeper trade war to sap 2% of China's GDP: IMF
US seen taking 0.6% hit if rest of tariffs go forward
The International Monetary Fund warns that the U.S.-China clash will not only slow global trade but also discourage investment and destabilize financial markets. © Reuters
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