"The trade war has done very serious damage to the economy and, in fact, if the president decides to continue to pursue the trade war, recession risks will rise," says Mark Zandi, chief economist at financial consultancy Moody's Analytics. Source: https://www.newsweek.com/trump-trade-war-china-us-economy-recession-1474598 I say - "You should see the other guy". … [Read more...] about Top economist says Trump’s trade war doing ‘very serious damage’ to U.S. economy
trade war
US Do Not Need Phase One US-China Trade Deal, US Already Won the Trade War
China has already out of ammunition in this trade war, its growth severely dampened while the US economy has emerged practically unscathed and in a good health. The worst part of the tariff war is still to come on $160 billion worth of imports from China next month and China has nothing to respond with. US do not need Phase One US-China Trade Deal or any deal for that … [Read more...] about US Do Not Need Phase One US-China Trade Deal, US Already Won the Trade War
Taiwan’s Tech Sector Offers Alternative to Chinese Manufacturing in Prolonged US-China Trade War
DLD 2019: Taiwan's Tech Sector Offers Alternative to Chinese Manufacturing in Prolonged US-China Trade War … [Read more...] about Taiwan’s Tech Sector Offers Alternative to Chinese Manufacturing in Prolonged US-China Trade War
Opinion: Trump’s trade war could pay off and revive American manufacturing
"Even without tariffs, most of China’s manufacturing cost advantage has disappeared", https://www.marketwatch.com/story/trumps-trade-war-could-pay-off-and-revive-american-manufacturing-2018-10-23 … [Read more...] about Opinion: Trump’s trade war could pay off and revive American manufacturing
Tariffs Against China Would Destroy Thousands of American Jobs
The Trump administration’s proposed tariffs on $50 billion of Chinese imports, coupled with retaliation promised by China, would reduce U.S. gross domestic product by nearly $3 billion and destroy 134,000 American jobs, according to a new study released today by the National Retail Federation and the Consumer Technology Association. The report finds that four jobs would be lost … [Read more...] about Tariffs Against China Would Destroy Thousands of American Jobs