Trade wars could slow global growth to weakest pace since financial crisis, IMF warns

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Trade wars could slow global growth to weakest pace since financial crisis, IMF warns
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Trade tensions could push the world economy to grow at its slowest pace since the financial crisis a decade ago, the IMF warned Tuesday.

Trade tensions could slow global economic growth to its weakest pace since the financial crisis a decade ago, the International Monetary Fund warned Tuesday. The international lender predicted global growth would register at 3% percent for 2019, the lowest level since 2009. The report pointed to a series of tit-for-tat tariff disputes, including a bitter one between the Trump administration and China, as key risks to the growth outlook. Visit Business Insider's homepage for more stories.

Trade tensions could slow global economic growth to its weakest pace since the financial crisis a decade ago, the International Monetary Fund warned Tuesday. The international lender predicted global growth would register at 3% percent for 2019, the lowest level since 2009. The report pointed to a series of tit-for-tat tariff disputes, including a bitter one between the Trump administration and China, as key risks to the growth outlook. Visit Business Insider's homepage for more stories.

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