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by howmuch The coronavirus outbreak has caused many Americans to consider the fragility of modern supply chains, particularly when it comes to foreign imports. As the world’s largest economy, the United … Read more
Port of Los Angeles is projecting a 25% drop in container volumes this month, as the economic impact of the coronavirus spreads across shipping operations and foreign supply chain. Imagine … Read more
Every day, consumers are bombarded with countless advertisements and seemingly valuable retail offers. Reasonable consumer behavior is based on certain principles that ensure one’s money is well-spent. Here are five … Read more
And it's not in writing Threadt.co/D6y5q7hrGn — Carol Forden (@CarolForden) December 13, 2019 I do sincerely hope that the Phase I will finally get signed. Then people would finally notice … Read more
And a special word on apparel sales, as a sign of our times. By Wolf Richter for WOLF STREET. Services are growing at a decent pace, though more slowly than a year ago. … Read more
by visualcapitalist From a young age, many of us were taught that sharing is caring. Many countries have also followed this simple principle, in the interest of growth and prosperity, when … Read more
Potential targets for duties include wine, cheese, handbags USTR exploring similar probes of Austria, Italy and Turkey www.bloomberg.com/news/articles/2019-12-02/u-s-proposes-2-4-billion-in-tariffs-on-france-over-digital-tax?srnd=premium-europe Edit: additional Link for Reuters: www.reuters.com/article/us-usa-trade-france/u-s-vows-100-tariffs-on-2-4-billion-of-french-products-over-digital-services-tax-idUSKBN1Y62HC?utm_source=reddit.com
China indicates that it will aim to buy $20 billion in U.S. farm goods in the first year of an initial deal. But if the trade war hadn't started, China’s … Read more
by UPFINA The Fed is going to cut rates for the third straight time on October 30th. What makes this cut unique compared to the prior two is that the Fed … Read more
by Per Bylund via Mises There is a lot of confusion about the concept of a “good” in economics. While thinking of goods as products (or services) is an easy shorthand, it … Read more
by howmuch Trade talks between the United States and China are ongoing, with another round of talk set to launch soon. The standoff remains with just over a year to go … Read more
www.politico.com/story/2019/09/19/hundreds-of-chinese-goods-exempted-from-trumps-tariffs-1753322 The Trump administration has excluded Christmas tree lights, a series of pet supplies, plastic drinking straws and hundreds of other products from a 25 percent duty President Donald Trump … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter What US Freight Shipments and Pricing Say About the Slowdown. Freight shipments within the US fell 3.0% in August 2019, compared to August 2018, the ninth … Read more
China on Sunday started to impose additional tariffs on some of the U.S. goods on a $75-billion target list, with effect from 4:01 a.m. GMT. The extra 5% and 10% … Read more
by chartr Thought reddit might enjoy this, given how topical the trade war continues to be. Data Source: US Census Bureau via Market Watch Viz Tool: Raw Graphs & Excel
via Zerohedge: As widely expected, and as he himself previewed earlier in the day, Trump was set to unveil a major development in the US-China trade war this afternoon. That … Read more