IMF: $ 700 billion global economy lossesVisits : 11

IMF: $ 700 billion global economy losses

The International Monetary Fund (IMF) said US President Donald Trumps trade war would cost global growth of about $ 700 billion by 2020, equivalent to the size of the Swiss economy, AFP reported. The new director of the International Monetary Fund, Kristalina Georgieva, painted a grim picture of the global economy, warning that the economy is in a severe slowdown.

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