Donald Trump vowed to “unshackle” America’s economy on Tuesday night, but beneath the US president’s bullish rhetoric to Congress are mounting concerns over growth.
The Trump-induced trade war lies at the heart of the fears that an economy that has recently been a central driver behind global growth is now on the turn, analysts said.
Sentiment among manufacturers has softened and the trade deficit has surged amid corporate stockpiling ahead of the introduction of levies on major US partners.
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