The US-China trade war will push global growth to a ten-year low

Paris, Ta. ૧૯

Global trade has hit a record low in the last ten years due to the trade war between the US and China, the Organization for Economic Cooperation and Development (OECD) said in a statement. The ICD has also reduced its estimates of global development.

The OECD further said that this situation would worsen if the governments of the countries of the world do not take immediate action. After the financial crisis of 2-3 years, the growth of the global economy has reached a low level.

According to the OECD, the growth of the global economy is likely to decline to 8.9 percent this year compared to 8.9 percent last year. The OECD has lowered its estimate of the growth of the global economy. Global growth is expected to remain at 5% in 5%.

"We said in May that the growth of the global economy is likely to be around 8 percent this year and 5.9 percent," the Paris-based Policy Forum said. But now, with the worsening of the global economy, we have reduced the estimate of global economy for this year to 8 percent and to reduce the growth of global economy to three percent.

Lawrence Boone, chief economist at the OECD, has said that at present, it seems likely that the uncertainty and tensions on the economic front will last a long time. According to Boone, the impact of the global recession and trade war with China is also affecting America. US growth is expected to grow at 8 percent this year and 5 percent next year. According to previous estimates, US growth was projected to grow at 8 percent this year and 8.5 percent next year.

According to the OECD, China's growth is likely to grow by 8 percent this year and 8.5 percent next year. According to previous estimates, China's growth was projected to grow at 8 percent this year and 8.2 percent next year.

According to the OECD, Britain's growth is likely to grow by 8 percent this year and 8.5 percent next year. According to previous estimates, the growth of Britain this year was estimated at 8.5 percent and next year it was estimated at 8.5 percent.