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growing very strongly just past couple of years after a period of very slow growth for about five years but for the last couple of years we ve seen a recovery particularly last year and so far this year trades been growing very strongly despite all the rhetoric but despite all the better all we hear about this trade war trade war it s just this talk what kind of influence does it have. well talk can have a significant influence particularly if firms stop investing in consumers stop buying things so it can have this chilling effect on economic activity. so the kinds of discuss her talk we ve heard recently around tariffs between the u.s. and china that will have a direct effect that will slow trade in those goods between those two countries and that could have a impact on economic activity the bigger impact is not the direct effect it s the indirect effect when it starts to affect investment behavior and consumer decision
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is not an official topic at this year s hand of a fat but as u.s. president donald s trump keeps global pro-trade relations under pressure business owners expressing their worries about exports and everywhere you go in the fact around on her visit today german chancellor angela merkel stressed that multinational corporation can benefit old policies echoing the thoughts of many at . last the chief economist of the world trade organization w t o robert culp money if all this talk about trade. trade is actually hurting trade. well talk can have a significant influence particularly firms stop investing in consumers stop buying things so it can have this chilling effect on economic activity. so the kinds of discuss her talk we ve heard recently around tariffs between the u.s. and china that will have
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