Category

Trade War

Donald Trump’s China Nightmare Is Coming True For The U.S. Dollar Trade War

Donald Trump’s China Nightmare Is Coming True For The U.S. Dollar

U.S. president Donald Trump's power struggle with China was perhaps the defining feature of his presidency, until the coronavirus COVID-19 pandemic struck. The pandemic—and subsequent lockdowns—crashed global markets and pushed investors around the world toward the safety of the almighty dollar. But the U.S. dollar's days as the world's reserve…
bubmag
April 27, 2020
Governments are paying companies to move their manufacturing out of China Trade War

Governments are paying companies to move their manufacturing out of China

When Covid-19 shut down much of China through February, the crisis highlighted how dependent international companies truly are on Chinese manufacturing.In short order, international firms making products from clothes to consumer electronics were paralyzed as work froze at Chinese factories assembling their goods or producing essential components. The reliance on…
bubmag
April 23, 2020
POLL: Americans sour on China… Trade War

POLL: Americans sour on China…

WASHINGTON (AP) — Americans are increasingly hostile to China as the coronavirus pandemic wreaks havoc on the U.S. and global economies and after three years of Trump administration antagonism toward the country, according to a nationwide poll released on Tuesday.The poll, conducted last month by the nonpartisan Pew Research Center,…
bubmag
April 21, 2020
“This is a Shot in the Arm For Us:” How Small Midwest Businesses Are Outpacing Coastal States for Government-Backed Loans Trade War

“This is a Shot in the Arm For Us:” How Small Midwest Businesses Are Outpacing Coastal States for Government-Backed Loans

Casey and Adam Donner each own a small business in Lincoln, Neb. She is a make-up artist, helping brides get camera-ready on their big day. Her husband employs 30 people at his construction firm. Both businesses were churning along when the novel coronavirus crashed on U.S. soil, bringing much of…
bubmag
April 17, 2020