De-escalation of US-China trade war would prevent a potential global economic recession

  • Claim

Name

De-escalation of US-China trade war would prevent a potential global economic recession

Types

Claim

Quotes that support the claim

Decades of economic development and international cooperation would be nullified, and that would most likely result in a far greater global economic recession than the recession set off by the 2008 financial crisis. In other words, decoupling the world’s two leading economies is a recipe for an economic apocalypse.

Supporting arguments

Trade tensions can lead to economic instability, which can negatively impact global growth

Tags

Reasons to de-escalate US-China trade war

Topics

US-China trade war