Bloomberg reporting on comments from Soren Skou, chief executive officer of Moller-Maersk (the world's biggest shipping company)
- US economy will be hit many times harder than the rest of the world by an escalating global trade war
- Tariffs could slow global annual trade growth by 0.1 to 0.3%
- for the U.S. the effect could be "perhaps 3 or 4 percent"
