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global trade slowdownGuardian
•World
World
74% Informative
Stock indices plunged by nearly $5tn last week , with markets in the UK and US suffering losses not seen since the early days of the Covid-19 pandemic.
Some investors still holding out hope that tariffs against China and EU will be delayed or remodelled.
But leading figures in the Trump administration warned on Sunday against expectations for a U-turn.
The world must either pay Trump now via tariffs, or pay Xi Jinping later through lost manufacturing and jobs,” he said.
A big hit to exports would have profound consequences for growth and employment’ However, he warned of the long-term implications of Trump trying to loosen China ’s hold on global supply chains.
VR Score
77
Informative language
75
Neutral language
33
Article tone
formal
Language
English
Language complexity
57
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
8
Source diversity
1
Affiliate links
no affiliate links
