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The US should be much more affected by protectionist escalation than the Eurozone
Assessing the Impact of a Trade War on Global Growth? The exercise is far from simple. As evidence, the International Monetary Fund (IMF), which said Monday that trade tensions represent "the biggest threat in the short term" for global growth, released Wednesday scenarios rather measured disasters.
None of the four cases of envisaged figure does not provide for excessively severe fallout. In the worst case scenario, world GDP growth would be cut off …
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