U.S. economic growth will slow steadily in coming quarters after touching a four-year high in April-June, according to a Reuters poll of economists, who expect President Donald Trump’s trade war to inflict damage.
Boosted in part by $1.5 trillion of tax cuts passed late last year, the U.S. economy expanded at an annualized rate of 4.1 percent in the second quarter, its strongest performance in nearly four years.
But the latest poll of more than 100 economists taken Aug. 13-21 showed they expect the U.S. economy to lose momentum and to end next year growing at less than half that rate.
