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Trump's trade war could cost global economy a loss the size of Switzerland's entire economy: IMF

Trump's trade war could cost global economy a loss the size of Switzerland's entire economy: IMF

WASHINGTON (NYTIMES) - The new head of the International Monetary Fund (IMF) warned Tuesday (Oct 8) that America's trade war with China could cost the global economy around US$700 billion (S$967.82 billion) by 2020 - a loss equivalent to the size of Switzerland's entire economy.

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País: Singapur Medio: The Straits Times Fecha: 09-10-2019