2023-07-07 02:30:05
The USA and China are turning the escalation screw in their trade dispute. “It’s about nothing less than technological dominance in the next few decades,” says Gabriel Felbermayr, head of the economic research institute Wifo, to the Upper Austrian News: “This trade war doesn’t bode well for the global economy.” The high level of uncertainty is weighing on international business.
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#battle #trading #powers #China #USA #affects #Austrias #economy
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