Escalation of Trade War Compounds Uncertainty: Aberdeen

The video discusses the effects of the trade war on the US and China, highlighting potential GDP declines and stock market corrections. It explores various economic scenarios, emphasizing the importance of assumptions in predicting outcomes. The discussion extends to the global economic impact, noting that while a recession is unlikely, confidence and investment may be affected. The video also examines how corporate confidence and investment plans are influenced by economic uncertainty, including factors like Brexit and political instability. Overall, it stresses the need for cautious business decisions in a volatile economic environment.

What is the speaker's view on the likelihood of a global recession due to the trade war?

In what ways could the tariff war affect investment plans according to the discussion?