S&P Global, a top credit-rating agency, lowered its global economic forecasts in response to President Donald Trump's efforts to re-order global trade with tariffs. 'The jump in U.S. import tariffs, trading partner retaliation, ongoing concessions, and subsequent market turbulence constitute a shock to the system centered on confidence and market prices,' S&P Global Ratings Global […]
The post S&P lowers GDP growth forecasts around globe after Trump tariffs appeared first on The Black Chronicle.