Washington — A slowdown in US growth in 2019 was at least partly the fault of President Donald Trump’s global trade battles and the resulting hit to business investment, the administration's top economist said on Thursday in an outlook for the coming years.

“Once we got renegotiation of trade agreements, we saw uncertainty in the market and investment took a hit,” Tomas Philipson, acting chair of the Council of Economic Advisers, said in briefing reporters about the CEA’s annual Economic Report of the President...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.