Economics

The Trade War’s ‘Second Wave’ Will Be More Painful, Says Indonesia Finance Minister

  • Global economy at ‘point of no return,’ finance minister says
  • Indrawati says the crisis needs coordinated global response
Sri Mulyani IndrawatiPhotographer: Muhammad Fadli/Bloomberg
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The global economy could be hit by a second wave of damage from the U.S.-China trade war -- and it will be much more severe than the first, Indonesia’s finance minister said.