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Express News | Shares of Companies in the Broader Industrial Sector Are Trading Higher Amid Overall Market Strength After President Trump Said He Had No Intention of Firing Fed Chair Powell. Additionally, Trump Indicated the Final Tariff Rate Would Be Less Than the...
Express News | Shares of Companies in the Broader Industrial Sector Are Trading Higher Following US Treasury Secretary Scott Bessent's Reported Remarks About Trade De-escalation With China
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Minotor : why do you want a trade deal with china - when trump is reviving the Trans Pacific Partnership trade agreement with India and the remaining countries ?
gghjh hghj : It's just a unilateral statement from the USA. Given the current situation, what is there to talk about? What can be used for negotiation? What China wants, the USA is not willing to sell. Consider what else the two countries have that is worth discussing.
151490696 Minotor : the problem is, china has the best tech, experience and quality control from the manufacturer perspective. this is partly due to its years of experience in manufacturing AND the dictatorship, hence the efficiency and effectiveness.
SE asia is considered lower end of the manufacturing with relatively lower technical requirements, in short, you can make clothes and shoes from vietnam and Bangladesh. good luck making smart phones and computers in those countries.
Slic3 151490696 : they also copy our products we hire them to make and sell behind our backs
Minotor 151490696 : search TPP trade agreement - and you will understand what is at stake here - you are looking at a mega trade deal with Japan, South korea , india, australia , vietnam, mexico and canada to compete against china - trump did not want to join in 2018 unless the terms were better - trump is very serious about decoupling - but to tour point this comes with disruption ans pain.
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