Trump tariffs could spark 'global trade war', warns industry think-tank
Donald Trump has indicated that he would implement new tariffs if returned to the White ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
Here’s a fascinating in-depth look from Bloomberg at how one supply chain is set to be affected by the accelerating tit-for-tat tariff war between the US and China. The manufacturing of leather belts is no one-way street: leather hides are a by-product of the US’s enormous beef industry, and China buys around half of all US production; where it is processed and some of which it then makes into belts and sells back US consumers. Every step of this supply chain is set to be disrupted by the tariffs – new Chinese duties on US leather exports make it more expensive for Chinese manufacturers, who are now looking for other sources, while US tariffs on Chinese manufactured imports will result in higher costs to consumers, or ultimately ‘end with Chinese factories closing. “For U.S. shoppers, it’s beginning to sink in that they may end up bearing the brunt of the trade spat for hundreds of products.”
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