Logo


World economy is set to feel the delayed trade war pain in 2019

China's stock market has lost $2 trillion in value in 2018 and is languishing in a bear market

US China trade war
Representative Image

While 2018 was the year trade wars broke out, 2019 will be the year the global economy feels the pain.   Bloomberg’s Global Trade Tracker is softening amid a fading rush to front-load export orders ahead of threatened tariffs. And volumes are tipped to slow further even as the US and China seek to resolve their trade spat, with companies warning of ongoing disruption.   Already there are casualties. GoPro  will move most of its US-bound camera production out of China by next summer, becoming one of the first brand-name electronics makers to take such action, while ...