The Trade War Saga #infographic

The Trade War Saga #infographic

The trade war is escalating between two of the world's biggest economies, the US and China. Since January 2018, we've seen waves of tariffs, applied to specific goods, adversely affecting local companies and their customers.

The conflict also affects the car, telecom, and agriculture sectors. Manufacturing firms in China, such as Apple or Tesla, are facing a price rise on raw materials that most likely would result in higher costs for their goods and potentially less customers.

 American farmers are reporting a loss of 11.8 billion dollars in personal income. Not to mention those, who went bankrupt after soybean tariff was implemented. What will happen next?

The Trade War Saga #infographic

infographic by: www.orbex.com
The Trade War Saga #infographic The Trade War Saga #infographic Reviewed by Younglistan.com on April 22, 2020 Rating: 5

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