Swiss global financial services firm UBS is keeping its 6.8 percent 2018 growth forecast for the Philippines but warned that US-China trade war could weigh on the following year’s expansion.

In a report released on Wednesday, UBS noted that the Philippine gross domestic product (GDP) growth would pick up from 6.7 percent last year and then dip to 6.4 percent in 2019, lower than its previous forecast of 6.6 percent.