U.S President Donald Trump surprised the world economy as a whole yesterday as he announced that he would impose a ten percent tariff on a further $300 billion in Chinese imports. This could only be the beginning as the new import taxes could go "well beyond 25 percent" Trump said.
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- Swiss government raises 2019 GDP growth forecast to 0.9% from 0.8% previously
- Fed keeps rates on hold, points to 'favourable' economic outlook next year
- German consumer price growth stabilised in November
- French consumer prices rose by 0.1% in November, as expected