Global growth is 'unlikely' if China trade and Brexit are not resolved, FedEx CEO says

FedEx CEO Fred Smith told CNBC on Tuesday it will be a tough year for the company if U.S.-China trade and Brexit issues are not solved.

Although companies and customers have made moves to migrate operations out of China to other nations in the region, such as Vietnam, Thailand, Indonesia and Malaysia, Smith said, he highlighted China's"incredible infrastructure" and called it the"manufacturing bastion of the world." Smith reiterated in the interview Tuesday that he does not agree with Trump's use of tariffs to address trade relations between the world's largest economies. FedEx handles 14.5 million shipments a day and there is a lot of pressure on China's economy, he said.

I concur so what will April bring us? Deal or no Deal? The world is watching and waiting!

He is talking about his company. Global growth of economy will be just fine.

Does Powell know ? LOL WHAT A QUACK!

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