According to the Peterson Institute for International Economics, American real incomes are 9 percent higher than they would have been as a result of trade liberalizing efforts since the second world war.
Looking at the major economies in the world, the US may decline by one percent, Europe should remain flat to slightly negative and China could grow two percent to three percent according to estimates from Capital strategy Research and Capital Groups Macroeconomic Research team.
#letstalk#USeconomy#Globaleconomy