BFM Podcast
Trump's US$200 Billion Tariffs - Trade War Gets Real
Dodge Dorland, Chief Investment Officer, Landor & Fuest Capital Managers, NY
11-Jul-18 12:01
The trade war between the world's two largest economies reached a new level after US President Donald Trump rolled out tariffs on an additional US$200 billion worth of Chinese imports. Dodge outlines the potential impact on global growth and on emerging markets. He also shares his expectations for the latest US earnings season and also this week's release of June US inflation data.
Presented by: Sharaad Kuttan, Tan Chung Han, Joyce Goh
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Discussions
Be the first to like this. Showing 8 of 8 comments
Most of the impact on other Asean countries are superficial! In fact most benefit tremendously as US will look for alternatives! Before China rise, most of goods imported by US came from Malaysia, Thailand, Vietnam! Today, almost 90% comes from China! Asean has been losing out for decade now!
2018-07-11 14:15
But the thing is China so wealthy now that they can afford to spend billions to pay mainstream media and US lobbiysts to spread fake news as if the whole world will go down! So ignore the mainstream news, mostly fake news! That's why you need to listen from neutral well informed alternative news!
2018-07-11 14:17
Posted by trendplayer > Jul 11, 2018 02:25 PM | Report Abuse
what happen 2 those co. from US in China, what they sell back to US would b very expensive, n thrump would hurt his own ppl.. they will turn n hate him instead.. at n end what will happen, wait 2b seen..
Answer : No, this MNCs only going for the mega profit! It won't hurt americans because they don't create value and jobs for americans! Which is exactly what happen to Malaysia after US MNCs close shop here and shift to China decade ago!
2018-07-11 14:28
If all half trillion are tariff, then MNCs have no choice but to close shop in China and shift back to US or other countries! Then China glorious days are goner! China soon become another stagnant economy like Malaysia! Or probably, Latin America will boom because the same MNCs shift their operation closer to home!
2018-07-11 14:30
don't be silly, China trade surplus 68% came from America, with the big cut down in US market, china really needs to re-adjust in a big way,taking a long period of rest---recession.
2018-07-11 16:36
Nothing much happened to DJ after Trump has announced 2nd round tariffs intended imposing on China products. The amount of tariffs merely 10%...No intention to kill China. DJ Investors don’t care much of the trade wars except emerging market. Is it an opportunity created by Trump for Wall Street wolfs to rob emerging market shares at dirt cheap prices? Don’t be surprised that Trump might change his tone after mid term elections.
2018-07-11 21:56
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China has imposed 25% tariff on US goods for decade now!
2018-07-11 14:07