These 4 Goldman Sachs charts show how hard Trump's trade war is hitting the US and China

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These 4 Goldman Sachs charts show how hard Trump's trade war is hitting the US and China
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Goldman Sachs says the trade dispute is hitting China especially hard.

The trade war is taking a massive toll on the global economy. The bank expects an"extended truce," and sees the drag on growth waning next year,"assuming that tariffs stay at current levels through 2020." Below are four charts showing the damage of the trade war on both sides. View Business Insider's homepage for more stories. The trade war is taking a massive toll — earlier this week, the World Trade Organization warned that global trade was stalling because of it.

The trade war is taking a massive toll on the global economy. The bank expects an"extended truce," and sees the drag on growth waning next year,"assuming that tariffs stay at current levels through 2020." Below are four charts showing the damage of the trade war on both sides. View Business Insider's homepage for more stories. The trade war is taking a massive toll — earlier this week, the World Trade Organization warned that global trade was stalling because of it.

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