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Global Manufacturing Market Hurt By US-China Trade War

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According to Reuters, the U.S.-China trade war has resulted in a slowdown for manufacturing in many economies around Europe and Asia. In the beginning of December, the world’s two largest economies agreed to a 90-day truce following tariffs from both sides that have disrupted the flow of hundreds of billions of dollars of goods. The dispute has led to China’s economic growth slowing down to 6.5 percent in the third quarter of 2018, the country's weakest since the global financial crisis.

Added on the 02/01/2019 10:33:39 - Copyright : Wochit

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