- Joined
- Sep 30, 2019
- Messages
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- Political Leaning
- Liberal
Trump's tariffs don't seem to having the desired effect. Canada, the EU and China are all seeing growth that is outpacing the US.
China reported better-than-expected economic growth for the second quarter in the face of an ongoing trade war with the United States, as diversification efforts to non-US markets buoyed exports.
Gross domestic product (GDP) expanded 5.2% in the second quarter from the same period a year earlier, according to the National Bureau of Statistics (NBS) at a press conference on Tuesday. That was higher than the average prediction of 5.1%, based on a poll of 40 economists surveyed by Reuters on Friday.