UK economy will be among hardest hit by global trade war, IMF warns

[cavok@lemmy.world]

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[buffalox@lemmy.world]

Britain's economy will be among the hardest hit by the global trade war

??

AFAIK there is no global trade war, it's only USA that is waging a trade war against everybody else.
Also it seems most countries are very keen on doing the OPPOSITE of a global trade war, and increase trade to compensate for the AMERICAN trade war.

However the US trade war will have global effects, and UK is probably vulnerable to those effects like Canada and Mexico, and other countries that stand alone and have huge trade share with USA.

But the trade war is NOT global. And everybody is trying to prevent that from happening.