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Clues by NC Team • 13 Sep 2019, Friday

Tariffs imposed by the United States and China in the ongoing trade war could lower the level of global economic output by 0.8% in 2020 and trigger additional losses in future years, the International Monetary Fund said. IMF spokesman Gerry Rice said the global economy is witnessing difficult challenges, including a weakening of manufacturing activity not seen since the global financial crisis of 2007-2008.

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