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World Bank warns Trump's trade wars will likely cause 2008 level global crisis

TenerHallTerror

Well-Known Member
Oct 18, 2016
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of course, his brain dead followers call this "winning"

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"A broad-based increase in tariffs worldwide would have major adverse consequences for global trade and activity," the report reads. "An escalation of tariffs up to legally-allowed bound rates could translate into a decline in global trade flows amounting to 9 percent, similar to the drop seen during the global financial crisis in 2008-09."
 
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