Economics

Surging Trade Uncertainties About 10 Times Previous Peaks: IMF

International Monetary Fund Building In Washington,, D.C. — Photographer: Andrew Harrer/Bloomberg

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By Jiyeun Lee

September 10, 2019 at 4:40 AM UTC

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Concerns about global trade have reached nearly 10 times the peaks seen in previous decades and could shave about 0.75 percentage point off world economic growth this year, according to data compiled by the International Monetary Fund.