Fallout over trade wars is being felt worldwide
Central bank governors and finance ministers tell of slowing exports, higher costs and, in Africa, effects on the energy sector
20 October 2019 - 20:55
Washington — The collateral damage of the US trade wars is being felt from the fiords of Iceland to the automotive factories of Japan.
Central bank governors and finance ministers traded grim tales of suffering economies at the IMF and World Bank autumn meetings in Washington last week. Some also noted how far US policy has shifted from the 1940s, when Washington cofounded the IMF...
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