Moody's: Trade tensions between U.S. and China may affect growth

Moody's confirmed that the trade tensions between the United States and China may affect not only growth rates, but also the aspirations of economic growth also. It could be a barrier to global growth if conditions continue.

The agency sees US trade tensions with China likely to worsen this year and weaken global growth in 2019. Tariffs may affect by 0.3%-0.5% of China's GDP next year. As for the United States, growth momentum is still strong.