The Global Implications of Trump's Trade War

The video discusses the US campaign to reduce its $560 billion trade deficit with China through tariffs on $250 billion worth of goods. While some US industries benefited, China retaliated with tariffs on $110 billion of US imports, affecting sectors like agriculture and manufacturing. Despite the US economy's resilience, global growth forecasts have been downgraded, with further tariffs threatening more economic challenges worldwide.

What was the IMF's outlook for world growth in relation to the trade situation?

What does the Bloomberg Economic Survey predict regarding tariffs and China's growth?