US-China 'tariff war' tough on importers as supply chain costs rocket
Attempts by businesses to reduce their dependence on Chinese imports are becoming more difficult as ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
What does a “win” look like for China or the US in the trade war? Politico says that for a deal to be met, both parties will need to back down on some demands. But with both leaders so image-conscious, how can they save face? Xi’s main aim is to prevent the tariffs on its exports, while Trump has two goals, he wants US exports to have greater access to the Chinese market and China to stop forcing American manufacturers to hand over valuable technology in exchange for access. Tough economic conditions are a looming reality for both without a deal.
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