Chinese exporters concerned about US-China trade spat: Survey
As Washington and Beijing face off in a simmering trade dispute, Chinese exporters are expressing concerns about an escalation, although many say they expect the worst to be averted as negotiations continue.
(Updated: )
Ricky Lim ·
Trump trade war is causing collateral damage on both US and China businesses and consumers.
And will have a domino effect impacting the World businesses and consumers.
So eventually whatever the outcome will be, this trade war trigger by Trump will cause:-
- Prices worldwide will rise that will hit the consumers' pocket
- Business worldwide will face rising production cost due to higher material prices
- Global supply chain will be disrupted and suppliers will start to move and shift - many will move away from US to other Countries
So Trump in effect will bring about a negative consequences to World Economy and World Trade - due to market distortion, market inefficiency, resource inefficiency, supply inefficiency.
And will have a domino effect impacting the World businesses and consumers.
So eventually whatever the outcome will be, this trade war trigger by Trump will cause:-
- Prices worldwide will rise that will hit the consumers' pocket
- Business worldwide will face rising production cost due to higher material prices
- Global supply chain will be disrupted and suppliers will start to move and shift - many will move away from US to other Countries
So Trump in effect will bring about a negative consequences to World Economy and World Trade - due to market distortion, market inefficiency, resource inefficiency, supply inefficiency.
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