FYI: The trade wars the U.S. started with developing markets such as China and Mexico are having ramifications across the globe.
Other emerging markets are feeling the impacts, not to mention how the blowback is affecting the U.S. and other developed markets. The U.S.’ decision to impose tariffs on a host of goods from China and Mexico led groups such as the International Monetary Fund and the World Bank to cut their forecast for global growth for the rest of 2019.
Regards,
Ted
https://www.etf.com/publications/etfr/trade-war-heard-round-world?nopaging=1
