LUXEMBOURG (Reuters) – The commerce battle between the USA and China might reduce world development by 0.5 factors subsequent yr, French Finance Minister Bruno Le Maire mentioned on Wednesday.

FILE PHOTO: French Finance Minister Bruno Le Maire attends a joint information convention after a gathering in Paris, France, September 19, 2019. REUTERS/Gonzalo Fuentes

Talking to reporters on the sidelines of a gathering of euro zone finance ministers in Luxembourg, he urged a compromise on the separate commerce battle between Washington and the European Union, to keep away from China taking advantage of it.

He additionally known as for a world deal on an overhaul of taxation of digital companies,…

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