Brexit to China — Mapping Trade Risk Exposure
- Brexit, the U.S.-China dispute, and the possibility of U.S. auto tariffs mean the world economy faces substantial threats to free trade.
- Running the numbers on a unique data set from the OECD, Bloomberg Economics calculates that some 2.3% of global gross domestic product is tied to trade flows that are at risk from greater protectionism.
- Within that, the U.K., China and Germany are the major economies that face the biggest risks.
(Source: Bloomberg)