Trump’s trade war comes with an unexpected bonus: more trade, at least for now - News Summed Up

Trump’s trade war comes with an unexpected bonus: more trade, at least for now


While U.S. retailers have stepped up purchases of Chinese products to avoid tariffs later on, “you’re seeing the opposite effect on the other side of the ocean,” said Mario Cordero, the port’s executive director. “Chinese businesses seem to be already looking to other countries for goods and raw materials, meaning there’s less demand for American exports and more empty containers.”


Source: Los Angeles Times December 27, 2018 13:30 UTC



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