Economics
America’s Booming Economy Comes With a Cost for Global Growth
- Worry list includes trade war, politics and emerging markets
- Overall growth remains solid, China has capacity to stimulate
This article is for subscribers only.
Making America great again isn’t proving so great for other parts of the world.
With the rise in the dollar and interest rates already squeezing emerging economies just as President Donald Trump’s trade war threatens China, the U.S. is set to be the only Group of Seven nation to see economic growth accelerate this year as Trump’s tax cuts kick in.