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Also: US manufacturing is in a 'technical recession.'
If you are looking for signs of trouble in the U.S. economy, many experts (and politicians) point to manufacturing. The industry is facing the double whammy of President Trump’s trade war and declining purchases from abroad as Europe, China and other countries are slowing down.
Also: US manufacturing is in a 'technical recession.'
If you are looking for signs of trouble in the U.S. economy, many experts (and politicians) point to manufacturing. The industry is facing the double whammy of President Trump’s trade war and declining purchases from abroad as Europe, China and other countries are slowing down.
I heard the economies of Asian countries like South Korea, Singapore, etc. are in trouble because of the trade wars, but oddly China is still doing well. While some low-tech companies have moved production out of China to other countries, high-tech companies continue to invest in China.
I am not an economic expert, but several economists have warned from the very start that Trump's economic theories and hopes could, after an initial boost, end in one big mess in the long run.
Even the Huawei boycott seems to have the opposite effect in the long run:
Also: US manufacturing is in a 'technical recession.'
If you are looking for signs of trouble in the U.S. economy, many experts (and politicians) point to manufacturing. The industry is facing the double whammy of President Trump’s trade war and declining purchases from abroad as Europe, China and other countries are slowing down.
This is all directly on Trump. The economy would be doing much better, likely with no signs of recession, if Trump wouldn't have started his idiotic trade war. Even better if he wouldn't have given that massive handout to the top 1%. Now, we all are going to have to suffer.
This is all directly on Trump. The economy would be doing much better, likely with no signs of recession, if Trump wouldn't have started his idiotic trade war. Even better if he wouldn't have given that massive handout to the top 1%. Now, we all are going to have to suffer.
100% on Trump? Let's slow down the hyperbolic partisan nonsense. Sure, give him some blame, but there were economic problems on Obama's last day in office globally and nationally of which he isn't 100% responsible for.
We've delayed a downturn with Fed cocaine QE and low rates.
Europe has had crappy numbers for quite a long time before Trump got sworn in.
The trade war's short term losses will turn into long term gains. China will buckle, but it will take more time. I'm thinking 2 more years...just a WAG on my part. Who made all these horrendous trade deals to begin with? Those are the politicians we should all be blaming, not Trump who is trying to fix them to bring manufacturing back.
The trade war's short term losses will turn into long term gains. China will buckle, but it will take more time. I'm thinking 2 more years...just a WAG on my part. Who made all these horrendous trade deals to begin with? Those are the politicians we should all be blaming, not Trump who is trying to fix them to bring manufacturing back.
Famed economist Mohamed El-Erian, who is critical of Trump says Trump is spot on about China and standing up to them. However, he could be going about it better.
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