Josh Zumbrun

Consumers and businesses have stepped up spending as the economy has recovered, fueling demand for foreign-made goods

Levies now cover about $250 billion a year in goods—down from $370 billion—as U.S. companies shift purchases elsewhere

World´s gross domestic product forecast to fall by 4.4% this year, not as sharp as the 5.2% drop projected by IMF in June

Wall Street Journal: Mientras Trump y Xi se preparan para la cumbre del G-20, las empresas estadounidenses advierten sobre el daño esperado a raíz de los impuestos propuestos.

The finance ministers reached no new resolution, but even agreeing about how to discuss trade principles has sometimes eluded global finance ministers this year

Remarks set a concerned tone for fund’s annual meetings in Indonesia this month. International Monetary Fund Managing Director Christine Lagarde on Oct. 1 said the fund’s economic forecasts have ‘become less bright.

Size of program is at upper end of what analysts had expected