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Economy

Global economy in real danger if US-China trade war escalates

Updated : January 25, 2019 07:17 AM IST

Over half of nearly 270 economists who answered an additional question said a further escalation in the US-China trade war will likely trigger an even sharper global economic slowdown this year.
Despite a 90-day truce reached in early December and Trump saying trade talks with China are going well, concerns over the conflict have continued.
In an extraordinary U-turn in policy, the Reserve Bank of India was forecast to cut interest rates by mid-year, compared to a rate hike predicted just a month ago.
Global economy in real danger if US-China trade war escalates

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