US-China trade war risks making world POORER: IMF slashes global growth forecasts

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THE escalating trade war between the US and China risks making the world a “poorer and more dangerous place�, the International Monetary Fund has warned as it slashed its global growth forecast. Washington and Beijing have been at loggerheads for months with the nations locked in a tit-for-tat trade conflict as they continue to slap strings of tariffs on each other.

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