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re: American Chamber of Commerce in South China "US companies leaving China"
Posted on 5/22/19 at 10:15 am to I B Freeman
Posted on 5/22/19 at 10:15 am to I B Freeman
quote:No. At current 10% tariff levels, US consumers have seen very muted costs. My suspicion is the CPC will continue trying to mitigate costs. It is just not clear how much more they can afford.
Well it is true if the goods come from China.
quote:They could, but only if they are willing to do without supply. Airbus is fairly maxed out, complete with significant production backlogs.
They could start canceling deals with large US companies like Boeing
quote:They could do that as well. The effect would be to make US EU/Japanese imports more price competitive.
They could for example, push up the value of the dollar by selling Euros or Yen and buying T-bills.
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