💨 Abstract

Moody's report warns of increased risks to global credit conditions due to escalating geopolitical tensions, particularly between the U.S. and China. Trump's proposed tariffs and worsening economic and political relations between the two nations are concerns. China's growing trade surplus since COVID-19 could intensify trade tensions, leading to additional U.S. retaliatory measures.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖