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US China trade rift

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US China trade rifts are becoming nightmare for business houses in both the countries.
How does it impact on daily life of a common citizen ? What are the long term impacts even if they resolve issues today ?

Business Development
Economics
Trade Finance
Politics
Buisness Strategy
Hitesh Mathpal
25 months ago

3 answers

1

Being a nightmare for the business, this has a big impact on the citizens. At a certain point governments could find an agreement, however the longer this will take more impact will be on the business. Just think about the Huawei case. As mentioned in some article, the trade spat is turning in a competition for supremacy in technology and military too

Paolo Beffagnotti
25 months ago
US is number one; no competition. - Dr. David E. 25 months ago
China could be a tough competitors due to different regulations and huge resources available - Paolo 25 months ago
You mean theft; not competition - Dr. David E. 25 months ago
Their economy is currently failing. - Dr. David E. 25 months ago
not yet, just a difficult time so far. they have the resources to raise again - Paolo 25 months ago
Agree Paolo. - Hitesh 25 months ago
Coulda - Shoulda - Woulda! - Dr. David E. 25 months ago
1

These numbers are high -

Hitesh Mathpal
25 months ago
and some of these tariffs will impact on other products too - Paolo 25 months ago
Correct Palolo. This is a chain and will go long. - Hitesh 25 months ago
Agreed - Dr. David E. 23 months ago
1

I think and leaving the political sentiments aside, this is impacting both the countries. This the war between the biggest manufacturer and the biggest buyer.
For a common man's prospective I see things being more expensive down the line. Job cuts is another threat.

Hitesh Mathpal
25 months ago
this will imoact not only these 2 countries but many others too - Paolo 25 months ago

Have some input?