Trade tensions will make 2019 'challenging': DP World chief

19/11/2018 Argaam

 

International trade tensions such as those between the United States and China will "make 2019 challenging but not unmanageable", Reuters reported, citing DP World chairman Sultan Ahmed bin Sulayem.

 

"Psychological impact of trade tensions involving the United States were starting to translate into reality," he added.

 

“Financial institutions were becoming increasingly cautious and taking measures such as tightening lending in reaction to trade tensions, which may impact growth in emerging markets,” bin Sulayem noted.

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