recession risks: Of course, the tariffs themselves add a damaging tax on international commerce as recession risks mount, according to Market Watch. Meanwhile, uncertainty around future trade rules has contributed to a decline in capital investment in the U.S. and China as firms re-think supply chains and addressable markets. But the real danger lurks elsewhere. These would be manageable if they were restricted to the 660 billion in bilateral goods traded between the U.S. and China. Last week, the world's next-most threatening trade war between Japan and South Korea escalated to new heights amid renewed tensions intertwined in their complex wartime history. The unpredictability, however, is spreading fast.
(news.financializer.com). As
reported in the news.
Tagged under recession risks, wartime history topics.