EC trims growth forecast of EU to 2.1% expecting escalation of trade war

The Guardian. 12 July. 7 minute read
The European commission (EC) has revised its growth forecasts for the UK and Europe for 2018 having factored in the damaging impact of the US-China trade war. The growth forecast for the EU is now 2.1% for 2018, down from the earlier forecast of 2.3%. The growth forecast 2019 for EU remains unchanged at 2%.
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By | 2018-07-20T12:19:33+00:00 July 20th, 2018|Global Trade|Comments Off on EC trims growth forecast of EU to 2.1% expecting escalation of trade war

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