Fed's Kaplan: Trade uncertainity is not yet having material impact on GDP

While trade uncertainty is having an undesirable effect on firms' supply chains, it is not yet having a material impact on the US' gross domestic product (GDP), Dallas Federal Reserve Bank President Robert Kaplan said while talking to Bloomberg. 

Key quotes

• "US-China trade agreement is very complicated."
• "Concerned that global growth is decelerating."
• "Pressuring China to open up its economy is challenging."