US-China trade war could slash US$1 trillion from US economy in a decade warns Chamber of Commerce



Finbarr Bermingham | South China Morning Post

The year is 2029, the US-China trade war is still being waged, and it has cost the American economy US$1 trillion.

That is the warning contained in a new report commissioned by the US Chamber of Commerce, which calculates the cumulative hit to US growth over the next decade should trade tensions with China continue to escalate.

[Read more here.]