We do not expect the trade deal that is taking shape between the US and China to transform the outlook for the world economy, not least because we always argued that the adverse effects of new and threatened bilateral tariffs would be small. But the let-up in trade tensions has already boosted financial markets and, assuming that the deal is finalised, it should support business confidence somewhat in the months ahead.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services