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Topic: Trade wars to cost global economy $470bn – Experts  (Read 1464 times)

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Trade wars to cost global economy $470bn – Experts
« on: March 13, 2018, 01:02:40 AM »
Trade wars to cost global economy $470bn – Experts

The U.S. decision to impose tariffs on steel and aluminium imports may trigger trade wars, which could cost the world economy 470 billion dollars by 2020, warned Bloomberg economists on Monday. On March 8, U.S. President Donald Trump signed proclamations to impose steep tariffs on imported steel and aluminium amid mounting dissent from trading partners …


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