Economics, Econometrics and Finance
4 years ago

Trade War Escalation Threatens Global Economic Growth, G20 Urged to Intervene

SSRN Electronic Journal
Arising of Trade Disputes Among the G20: Evaluation of US-China Trade Relations in the Context of World Trading System
Yagoub Elryah

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Trade disputes between the US and China are a big deal for the world economy. The G20 is trying to prevent damaging trade wars by promoting cooperation. The US has more imports from China than exports, which could hurt global growth. To help, the G20 should support the World Trade Organization and work on reducing protectionism.