Analysts at RBS point out that global trade growth has been slowing, but other factors are at play, namely cooler economic growth in the euro area. Key Quotes “Businesses in the US are reporting higher prices for some goods that have had tariffs slapped on them. But it’s small beer. Higher staff salaries (tightening labour market) and fuel bills are raising costs for businesses.” “China’s economy is slowing. Tariffs biting? Not necessarily. The authorities are reining in credit again. As before, that hurts growth. But what if things got really bad? A 25% tariff on everything imported in every country could wipe between 2 and 3% from global GDP, about two thirds of a year’s growth.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next HTC’s Exodus smartphone “will support LTC and Lightning Network;” Litecoin founder Charlie Lee reveals FX Street 5 years Analysts at RBS point out that global trade growth has been slowing, but other factors are at play, namely cooler economic growth in the euro area. Key Quotes "Businesses in the US are reporting higher prices for some goods that have had tariffs slapped on them. But it's small beer. Higher staff salaries (tightening labour market) and fuel bills are raising costs for businesses." "China's economy is slowing. Tariffs biting? Not necessarily. The authorities are reining in credit again. As before, that hurts growth. But what if things got really bad? A 25% tariff on everything imported in every… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
