IMF predicts economic slowdown next year thanks to Trump's trade war

American and Chinese money.
(Image credit: iStock/kckate16)

President Trump's trade war has worsened the economic forecast for 2019 for the world's two largest economies, the International Monetary Fund (IMF) reported Tuesday.

While both economies are still expected to grow, U.S. growth estimates were lowered from 2.9 percent for 2018 to 2.5 percent for 2019. China's projected growth declines to 6.2 percent after 6.9 percent this year.

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Bonnie Kristian

Bonnie Kristian was a deputy editor and acting editor-in-chief of TheWeek.com. She is a columnist at Christianity Today and author of Untrustworthy: The Knowledge Crisis Breaking Our Brains, Polluting Our Politics, and Corrupting Christian Community (forthcoming 2022) and A Flexible Faith: Rethinking What It Means to Follow Jesus Today (2018). Her writing has also appeared at Time Magazine, CNN, USA Today, Newsweek, the Los Angeles Times, and The American Conservative, among other outlets.