A trade expert at the World Economic Forum explains the context driving the change. Learn more about the latest international trade news from the World Economic Forum’s Centre for Regions, Trade and Geopolitics: https://ow.ly/KamY50QT6jK | World Economic Forum
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A trade expert at the World Economic Forum explains the context driving the change. Learn more about the latest international trade news from the World Economic Forum’s
A trade expert at the World Economic Forum explains the context driving the change. Learn more about the latest international trade news from the World Economic Forum’s Centre for Regions, Trade and...
2.1K viewsMar 14, 2024
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CHINA WEIGHS POSSIBLE TRADE TALKS WITH U.S.: Chinese government officials are now suggesting the Trump administration has reached out to them to initiate trade talks as businesses and consumers face uncertainty over tariffs. ABC's Christiane Cordero reports. | World News Now
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The World Trade Organization has issued a stark warning over the growing U.S.-China trade tensions. According to WTO estimates, the ongoing tariff war could slash bilateral trade of goods by up to 80%. Beyond this, the WTO cautions that dividing the global economy into two rival blocs could shrink global real GDP by nearly 7% in the long run. As the world’s two largest economies lock horns, the ripple effect could severely damage the broader global economic outlook. Watch: https://youtu.be/F8fd1
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