Global #tradewars will hurt US manufacturing in the long run. The US needs cheap steel and other raw materials and parts to create affordable added value products. Barring this it just opens the floodgates for other countries to use them and grow their business at the cost of US brands.
Since when has inflation surfaced when commodity prices are at all time lows? I get that the #tradewars can ignite inflation If #Trump does not fix the disaster he started.
This is concerning despite being insulated from the effects by a stimulus package in the US with relatively no spending cuts. The main hurt is being generated in 3rd world countries that don't benefit from China outsourcing and losing manufacturing jobs to SE Asia. #TradeWars are never good and would look worse except for Europe's link up with Asian suppliers, a gradual rise in #oil prices, and the fact the US is still buying heavily from China despite the #TradeWar#tariffs.
US Manufacturing PMI Plunges To 15-Month Lows
Global #tradewars will hurt US manufacturing in the long run. The US needs cheap steel and other raw materials and parts to create affordable added value products. Barring this it just opens the floodgates for other countries to use them and grow their business at the cost of US brands.
The Arrival Of The Credit Crisis
Since when has inflation surfaced when commodity prices are at all time lows? I get that the #tradewars can ignite inflation If #Trump does not fix the disaster he started.
Hollow Victories: The Best Anyone Can Hope For In Trump's Trade Wars
#Tradewars seldom come out with any winners as all economists will tell you. This is more political than economic.
World Trade Is Slowing, Perhaps Even Shrinking. This Is A Bad Sign
This is concerning despite being insulated from the effects by a stimulus package in the US with relatively no spending cuts. The main hurt is being generated in 3rd world countries that don't benefit from China outsourcing and losing manufacturing jobs to SE Asia. #TradeWars are never good and would look worse except for Europe's link up with Asian suppliers, a gradual rise in #oil prices, and the fact the US is still buying heavily from China despite the #TradeWar #tariffs.