Three weeks after US president Donald Trump effectively declared a trade war with the world, economic forecasts and surveys will point to the initial fallout.
A few blocks from the White House, the International Monetary Fund is set to lower its outlook for economic growth in new projections released today.
On Wednesday, purchasing manager indexes (PMIs) from Japan to Europe to the US will offer the first co-ordinated glimpse of manufacturing and services activity since Mr Trump’s global tariffs — now partly on hold — were unleashed on April 2.
Business surveys from major economies are also on the calendar.
The combined picture is set to offer finance ministers and central bankers assembled in Washington a chance to make initial damage assessments on Mr Trump’s attempt to rewire the global trade system.
“Our new growth projections will include notable markdowns, but not…
