It's Getting Real: World Economy Feels the Bite From Trade War
- Euro-zone PMI falls more than forecast, confidence declines
- G-20 economies have warned global outlook is under threat
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Protectionism is slowly starting to weigh on the global economy.
From demand at factories to company profits and prices consumers are paying, the tit-for-tat trade battle U.S. President Donald Trump started with China and the European Union is starting to show up in numbers. And it’s still early days, with Trump saying Tuesday that “tariffs are the greatest,” a warning that he may not let up until he gets what he wants.