BI Predicts 2019: Trade War Troubles

The transcript discusses the uncertainty surrounding the trade war between the USA and China, highlighting its potential negative impact on consumer sentiment and manufacturing shifts out of China. It suggests that the Chinese government might intervene with tax incentives to support the auto industry. The trade war is expected to have significant repercussions on the shipping sectors, particularly dry bulk and container shipping, and contribute to volatile oil prices. The global demand for oil is already slowing down due to the escalating trade tensions.

What is the anticipated impact of the escalating trade war on oil prices?

In what ways could the trade war drive a slowdown in global demand?