US President Trump’s trade war with China has dented global economic growth and he could lift that burden, incoming European Central Bank (ECB) President Christine Lagarde told CBS News’s “60 Minutes” program conducted in September, according to Bloomberg. Key quotes I think the biggest key that President Trump has is in relation to predictability and, and certainty of the terms of trade. It’s the unknown which is hurting. You can’t adjust to the unknown. So what do you do? You build buffers. You build savings. You wonder what comes next. That’s not propitious to economic development. Asked whether the trade war could tip the global economy in the wrong direction, Lagarde said, “it’s certainly going to give a big haircut to the global economy. If you shave off, you know, almost a percentage point of growth means less investment, fewer jobs, more unemployment, reduced growth. So, of course, it has an impact. 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 USD/IDR technical analysis: 14,120 holds the key to a month-old rising trendline FX Street 3 years US President Trump's trade war with China has dented global economic growth and he could lift that burden, incoming European Central Bank (ECB) President Christine Lagarde told CBS News's "60 Minutes" program conducted in September, according to Bloomberg. Key quotes I think the biggest key that President Trump has is in relation to predictability and, and certainty of the terms of trade. It's the unknown which is hurting. You can't adjust to the unknown. So what do you do? You build buffers. You build savings. You wonder what comes next. That's not propitious to economic development. Asked whether the… 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.
