Trade War With China Could Be A US Economic Disaster

According to a new analysis from investment bank Macquarie, a global trade war would plunge the US into a recession and increase the number of unemployed citizens in the country by more than six million.
President Donald Trump imposed another round of tariffs on Chinese imports into the USA. The action has stoked fears that a full-scale global trade war may be in the offing. The impact of such a war, though, remains uncertain.