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Outlook for US Economy Worsens as China Trade War Persists

Register for the Feb. 17 webinar, De-Risking Supply Chains Through Nearshoring, today to learn how to realize the benefits of localizing supply chains from factories that are helping brands successfully produce in the U.S.

Trade tensions and expectations of substantial tariff increases on imports from China are taking their toll on the U.S. and global economies, according to the June “Forecast Flash” from Global Insight by IHS Markit. U.S. gross domestic product (GDP) growth is projected to slow to 1.5 percent in the second quarter, and average 1.8 percent…

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