Washington: The International Monetary Fund has warned that trade between America and China will make the world more poorer and dangerous. Global statistics of the global economy came in M. F. Said this. I have M. F. Has reduced its first forecast of global development for the current year and next year. The institution says that with trade war between the US and China, the damage to the economy will be very difficult to overcome.
I have M. F. According to the foremost economist, if business tensions continue, its domestic, commercial and economic sectors will be adversely affected. Recently, China had imposed a new trade charge of $ 60 billion on American goods. US president Donald Trump tweeted that due to this, China is trying to influence the US elections in November. Trump wrote that if our farmers and laborers were targeted, we would give an economic answer to China. The US had imposed a $ 200-billion imports on China last month. Global economic growth in 2018 and 2019 is estimated at 3.7 percent. While coming last year M. F. The estimate was 3.9. Venezuela is currently going through economic slowdown. It is estimated that in 2019 Venezuela will enter the sixth year of economic recession. Venezuela's inflation may reach 10 million percent next year. Argentina recently arrived M. F. Has agreed to repay the balance. It is estimated that Argentina can face financial shocks in 2018 and 2019.
Due to the increase in trade rates of the US and ChinaBoth countries are suspected to be in progress in 2019. I have M. F. Opffeld says that China and US leaders will have to work together for the exclusion of the people, otherwise the world will become more poor. The United States said that they will charge 25% on their imported cars. I have M. F. Has warned that if they do so, the world's growth rate may have to be permanently handled. In these circumstances, the US economy will also suffer, while China's economic growth could be less than 5% in 2019, while the present year's estimate is 6.2.
Britain's economy could grow to 1.4 this year and it is estimated to be 1.5 in 2019. However came M. F. Has also said that if the braggit is without a compromise, then there may be some risk. It is believed that there will be widespread changes in Britain's economy following Braggitt. Some people's jobs can also be attributed to this. It says that due to the high rates after Braggitz, many industries will be affected. To avoid this, Britain will have to take necessary steps. Came there M. F. Says the UK will have to raise interest rates in the next few years to avoid inflation. I have M. F. Says that Bank of England will have to keep its attitude flexible and ready to move in any direction after the Braggitte Deal