Trade war with China could lead to recession
ABC News 10 -

Take a trade war with China, mix in frosty economic relations with Canada and Europe, add in Federal Reserve rate hikes and here's what you get: A recession by 2020.

So says Ronald Temple, head of US equity for Lazard Asset Management.

He told CNN Business that President Donald Trump's protectionist policies may lead to a deep slowdown in the economy, particularly because these trade skirmishes coincide with rising interest rates.

"A recession in the near-term is not inevitable, but the risk of...


Related Articles