The US-China trade war has another casualty: the CES consumer electronics trade show in Las Vegas, says business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order to the South China Morning Post.
Category Archives: Donald Trump
The world, including China, is still trying to make sense out of the Trump/Xi trade talks. The Trump trade team is fighting the wrong battle, argues former U.S. Assistant Trade Representative Harry Broadman for Gulf News. “The Trump trade team continues to fight the wrong battle with China.”
Consumers from China are spending less, and certainly luxury brands in the US will feel the downturn at least in the short run, says luxury consumer expert Ben Cavender to AP. Tighter visa restrictions under President Donald Trump also make it harder for Chinese shoppers to get to the United States.
Chinese media got orders to avoid bad news on the economy, but according to financial analyst Sara Hsu, signs indicate that China is unofficially in a recession. Spending has gone down despite encouragement from the government to spend more.
The trade war between the US and China might only be starting, the fight is going to be one for the long haul, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, according to Dow Jones. “The U.S. and China are in for a long and acrimonious confrontation,” he says.
Former NAFTA negotiator Harry Broadman predicts in Forbes the new trade agreement between the US, Canada and Mexico might not work in the way president Donald Trump wants it to.
One of the purposes of Trump’s trade war is convincing US companies to leave China. But they are not yet ready to move, says economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, in the Channel News Asia. And when they move, they might before countries like Vietnam over the US, he adds.
Those who hope worst is over in the trade war the US is conducting against China might be very wrong, wrote economist Arthur Kroeber, author of China’s Economy: What Everyone Needs to Know®, last week, according to Goldseek.com.