Trump second term would pose a 'destructive risk to the container market'
The prospect of Donald Trump winning the forthcoming US presidential election ought to put the ...
AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS
AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS
Following another weekend of Trump tariff tweets, in which further proposed duties on Chinese imports to the US were “announced”… Foxconn’s Terry Gou gave a press conference in Taipei in which he outlined how he thinks the next phase of the trade war will look. According to this report from the South China Morning Post, essentially it boils down to China eventually opening its domestic market to foreign investment, which will give US firms the chance to gain more direct control of their overseas production (ironically the very thing Trump claims to be attacking with the tariffs). “There will be an avalanche-style of market opening in mainland China, and the US will do all it can to establish a supply chain of its own”, he says, as the countries become embroiled in a post-trade war technology confrontation, he said.
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