Economics
World Economy Is Set to Feel the Delayed Trade War Pain in 2019
- Fading export orders and weak sentiment will hurt economies
- Transport companies and manufacturers among those feeling pain
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While 2018 was the year trade wars broke out, 2019 will be the year the global economy feels the pain.
Bloomberg’s Global Trade Tracker is softening amid a fading rush to front-load export orders ahead of threatened tariffs. And volumes are tipped to slow further even as the U.S. and China seek to resolve their trade spat, with companies warning of ongoing disruption.