Escalating U.S.-China Trade Fight Stings Companies World-Wide

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Globalized trade means the U.S.-China spat is dealing a blow to global economic growth

From the world’s biggest miners to German car makers and Japanese manufacturers of iridescent powder for cosmetics, producers around the world are bracing for collateral damage as the U.S. escalates its tariff fight with China.

The Trump administration raised tariffs Friday on $200 billion of Chinese goods, sending tremors beyond the world’s two leading economies through Asia and Europe. The increase from 10% hits thousands of Chinese products in categories as disparate as seafood, metals and machinery. Consumer products being...

 

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“Globe” upset they can’t export pollution and slave wages to China and import their Chinese wares to nations at rock bottom prices thereby putting domestics who don’t pollute and who pay a fair wage at a competitive disadvantage? Aw. Breaks my heart. 😥

Wall Street sounds disappointed, how sad...

Trade is a stimulus to economic growth.

It is good, better supply chain, and factories changes from china to other places.

It is. Trump 👎🏿👎🏿👎🏿👎🏿👎🏿

The Historically American way to compete with China is to make cheaper and better quality products than China. It's simple!

Come with Taiwan economic growth 🔥

Fake news

Globalized trade means the U.S.-China spat is dealing a blow to billions of people, but neither countries leaders.

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 /  🏆 98. in TH

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