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Monday, February 4, 2019

U.S.-China tariff hike would trigger downturn, trade diversion: U.N

A U.S. plan to hike tariffs on China next month could trigger an economic downturn and let other countries take over about $200 billion of China's exports, a study by the U.N. trade and development agency UNCTAD said on Monday.


from Reuters: Business News https://reut.rs/2MQOjtn

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Three more UK interest rate cuts this year, predicts IMF

The IMF said UK inflation will go up as bills rise, while economies will be hit by Trump tariffs. from BBC News https://ift.tt/6hJtM0W