The Facts and China’s Position on China-US Trade Friction
Barclays Capital Global growth rate would drop by 0.6 percentage point and the global inflation rate would increase by 0.7 percentage point. Standard & Poor’s Global growth rate may possibly decline by 1 percentage point. Bank of England An increase in tariffs of 10 percent between the US and all its trading partners would take 2.5 percent off US output and 1 percent off global output. Bank ... ................
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