The World Trade Organization (WTO) has issued a warning that a complete "de-risking" between the United States and China could lead to a significant reduction in global economic output. According to long-term forecasts, such a scenario could result in a 7% decrease in global output, equating to an $8 trillion impact on the global economy. This potential economic contraction underscores the substantial risks associated with geopolitical tensions between the two largest economies.
WTO Warns U.S.-China 'De-risking' Could Slash Global Output by 7%
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