MELBOURNE, Oct 30 (Reuters) - The world's biggest miner BHP Billiton BHP.AX BLT.L has trimmed its expectations of global growth for next year and 2020 due to trade conflict between China and the United States, Chief Commercial Officer Arnoud Balhuizen said in prepared remarks on Tuesday.
"Our modelling indicates that the negative impact of Sino-U.S. trade protection on Chinese GDP growth will fall in the range of a half (0.5) to three quarters (0.75) of a percentage point," he said in a speech for the IMARC mining conference.
"The expected gross negative impact on the U.S. also falls within that range. Which confirms that the trade protection will create a lose-lose outcome," he said.
Balhuizen said that BHP has "not yet seen any material impact on our business."