rainman + 263 May 9, 2019 (edited) The fate of the global economy lies in the hands of Washington and Beijing. That’s the view of Oxford Economics, which found that the top risk is the trade dispute damping growth. The slowdown in China and a U.S. recession ranked second and third in the Global Risk Survey. Since the poll of 189 businesses was conducted before the latest round of duties on Chinese goods threatened by U.S. President Donald Trump, the figures may actually understate the risk companies see. Bloomberg’s own economists calculate that a 25 percent tariff on all imports from China would shave 1.5 percentage points off U.S. growth -- a cut that would halve the rate seen in the first quarter. Trump’s backers argue the sacrifice is worth it in the context of what they see as an existential innovation war with an increasingly muscular China... Edited May 9, 2019 by rainman 1 Quote Share this post Link to post Share on other sites
pinto + 293 PZ May 9, 2019 No winners... For example: there will be retaliation and the impact of that will be much greater on earnings from companies like Apple, Wynn, etc. who have huge Chinese exposure... Quote Share this post Link to post Share on other sites
francoba + 93 fb May 9, 2019 Just now, pinto said: No winners... For example: there will be retaliation and the impact of that will be much greater on earnings from companies like Apple, Wynn, etc. who have huge Chinese exposure... I agree. Risks are underpriced. Quote Share this post Link to post Share on other sites
Pavel + 384 PP May 9, 2019 Chees game that is not cheap. US trade war with China risks wider "consequences" and should be settled at the World Trade Organisation. Maybe... Quote Share this post Link to post Share on other sites
50 shades of black + 254 May 9, 2019 time for China to make those factories in North Korea like they promised😂 1 Quote Share this post Link to post Share on other sites
damirUSBiH + 327 DD May 9, 2019 (edited) New chapter in trade war: Trump says China 'broke the deal' in trade talks https://www.bbc.com/news/business-48205298 Edited May 9, 2019 by damirUSBiH 1 Quote Share this post Link to post Share on other sites
rainman + 263 May 9, 2019 5 minutes ago, damirUSBiH said: New chapter in trade war: Trump says China 'broke the deal' in trade talks The economic "war" is just being finally fought 1 Quote Share this post Link to post Share on other sites
ThunderBlade + 231 TB May 9, 2019 (edited) As consumers we are the first in the vulnerability list... Edited May 9, 2019 by ThunderBlade Quote Share this post Link to post Share on other sites
ronwagn + 6,290 May 10, 2019 14 hours ago, pinto said: No winners... For example: there will be retaliation and the impact of that will be much greater on earnings from companies like Apple, Wynn, etc. who have huge Chinese exposure... Their mistake. Wynn has cancer and is a big supporter but he and his wife understand what is at stake. Quote Share this post Link to post Share on other sites
ronwagn + 6,290 May 10, 2019 14 hours ago, ThunderBlade said: As consumers we are the first in the vulnerability list... We are not just consumers, we are Americans first. Quote Share this post Link to post Share on other sites
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