The Winners and Losers of America’s Trade War with China
The ongoing trade negotiations between the United States and China have the business world in a state of flux. Uncertainty is a condition in which no business wants to be in and in some cases, this uneasiness can shutter companies.
Northwestern University Kellogg School of Management Adjunct Professor Phil Levy specializes in trade strategy. He served from 2003-2006 as senior economist for trade for the Council of Economic Advisers under President George W. Bush and later as a member of Secretary of State Condoleezza Rice’s Policy Planning Staff.
With a recent increase in tariffs on Chinese imports, and a retaliatory action by the Chinese on certain U.S. goods, it is unclear whether a new trade deal will be reached anytime soon. Levy points out the industries that are being hardest hit, and areas where consumers are seeing tangible impacts of these actions.
Still, Levy did offer solutions to the current situation, and where businesses might be able to turn for economic prosperity, at least in the near term. Unfortunately for some, Levy notes, even if a trade deal is struck, international business partnerships may be hard to repair.
For the latest news, videos, and podcasts in the Food & Beverage Industry, be sure to subscribe to our industry publication.
Follow us on social media for the latest updates in B2B!
Twitter – @FoodMKSL
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale
Latest
IoT Security Solutions for the Safety of Connected Homes Requires Collaboration and Innovation
Since the introduction of smart devices, the world has increasingly become dominated by interconnected devices but IoT securitydemands are also growing. The “connected home” has shifted from what was once a futuristic concept to reality. With the global smart home market projected to reach $135.3 billion by 2025, the conversation around the security of these […]
Bridging the Gap Between the Commercial and Residential Audio Communities
In this episode of “Pro AV Today,” host Ben Thomas sits down with Audra Kinsley of Sonos Professional to unpack a topic that’s causing (sound) waves in the audio industry: the fusion of commercial and residential audio systems. As we navigate through a landscape where consumer and professional audio worlds are increasingly intersecting, Sonos steps […]
Unleashing Educator Brilliance: Transformative Thought Leadership in Education
In an era where education stands at the crossroads of tradition and innovation, the potential value of thought leadership becomes the guiding star for progress. “Just Thinking” dives into this potential with host Kevin Dougherty and guest Evan Edwards, a Professional Learning Specialist at 806 Technologies who exemplifies the transformative impact of visionary guidance […]
