Trump’s China Tariff Hikes Could Smother US Economic Growth: Fitch Ratings Sounds Alarm

Fitch Ratings warns of economic fallout from Trump's proposed trade tariffs if he wins 2020 election. US GDP could decline by 0.4-1.1%, and inflation may decrease in long term. US trading partners could see even greater declines, with China, Canada, and Mexico at risk. Trade imbalance blamed on sav...

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