Axios
The global economy is surviving President Trump’s trade wars with stronger-than-expected growth, the International Monetary Fund said in newly updated forecasts — even as a drag from fraying trade relations is likely to continue.Why it matters: The group warns that the economy’s shocking resiliency is underpinned by fleeting forces — not the type of durable trends that will spur further growth.Driving the news: In its quarterly update of the World Economic Outlook…
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The better-than-feared global economy
The global economy is surviving President Trump’s trade wars with stronger-than-expected growth, the International Monetary Fund said in newly updated forecasts — even as a drag from fraying trade relations is likely to continue.Why it matters: The group warns that the economy’s shocking resiliency is underpinned by fleeting forces — not the type of durable trends