Factories Feel Trade War Pain as Wall Street Sees Recession Risk

06/02/2019

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Enda Curran and Fergal O'Brien | Bloomberg

Global manufacturing took another knock last month from trade tensions, adding to concerns that the world economy is weakening.

The latest signs of factory weakness — in countries including South Korea, Germany and Japan — underscore the growing threat to the world economy posed by the escalating U.S.-China¬†trade war. The reports came amid a fresh warning from Wall Street about recession risks.

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