China trade wars.
China is still exporting billions of dollars of products and the U.S. and some other countries are trying to figure out what to do about the trade imbalance. The U.S. consumer wants cheap products, and China loves the U.S. dollar. But U.S. companies are suffering because they can't compete. If we increase import taxes on Chinese goods, then the U.S. consumers won't be happy, but it may protect the U.S. factories somewhat. This is a situation that has been created by free trade policies and the philosophy of buyers being willing to buy from the cheapest sources. That's only natural.
China's economic bubble is bursting, but that doesn't have as much effect on the local Chinese businessmen as you might think. There is still so much growth going on inside China. Exports and the stock market both have effects on business inside China, but not as much as in other countries. Why? Because there is still so much to be done in China for the local consumer and local businessmen.
China is still exporting billions of dollars of products and the U.S. and some other countries are trying to figure out what to do about the trade imbalance. The U.S. consumer wants cheap products, and China loves the U.S. dollar. But U.S. companies are suffering because they can't compete. If we increase import taxes on Chinese goods, then the U.S. consumers won't be happy, but it may protect the U.S. factories somewhat. This is a situation that has been created by free trade policies and the philosophy of buyers being willing to buy from the cheapest sources. That's only natural.
China's economic bubble is bursting, but that doesn't have as much effect on the local Chinese businessmen as you might think. There is still so much growth going on inside China. Exports and the stock market both have effects on business inside China, but not as much as in other countries. Why? Because there is still so much to be done in China for the local consumer and local businessmen.
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