Thursday, May 30, 2019

Trade war roils US, China, but it means jobs for rest of Asia

Trade war roils US, China, but it means jobs for rest of AsiaThe California company Pedego Electric Bikes was long reliant on China as a production center. Two common themes tie these stories together: First, China has become less attractive for some manufacturers amid the rising tariffs of a U.S.-China trade war. Second, although the dispute can dampen economic growth globally, there are signs it could be a boon for developing economies in Mexico and Southeast Asia, where trade is an especially important driver of prosperity.




from Yahoo News - Latest News & Headlines https://yhoo.it/2EGJPTn

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