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U.S.-China Trade Tensions Increase Chance Of Recession

Credit: Wochit News
Published on May 17, 2019 - Duration: 00:30s

U.S.-China Trade Tensions Increase Chance Of Recession

According to a poll of economist done by Reuters over the last month, most believe the U.S.-China trade war has boosted the risk of a U.S. recession of happening in the next two years at 40%.

U.S. President Donald Trump has dismissed the ongoing trade war with China as a β€œlittle squabble,” but there are clear signs of the conflict already having an impact on the economy, and the stock market has become jittery again.

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U.S.-China Trade Tensions Increase Chance Of Recession

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9, 2017 FILE PHOTO DEC.

1, 2018, FILE PHOTO A MAY 9, 2019, FILE PHOTO MONDAY, OCT.

15, 2018 FILE PHOTO A MARCH 24, 2019, FILE PHOTO AUG.

13, 2018, FILE PHOTO, CHINA OUT

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