The trade war between the USA and China overshadows the prospects of the global economy

International financial leaders participating in the IMF and World Bank meetings leave the American capital with mixed feelings: a relief that the global economy has fared better than expected during the shocks of the first nine months of Donald Trump's second term, but also exhausted by the constant uncertainty regarding the future direction of global economic policies.

Tensions between Washington and Beijing have returned to the forefront after China introduced new restrictions on the export of rare earths, and Trump responded by reinstating 100% tariffs on Chinese exports.