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US-China Trade Deficit is Huge!!!

by eiga

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Leaders and decision makers in the business community are concerned about the fall out of the US-China trade policies. In this video, we address key points that, as a CEO and/or Board member, you need to know and consider moving forward:
1) The trade war with China costed the US the loss of 300K jobs.
2) US companies lost at least $1.7 trillion in the price of their stocks
3) The tariffs for US companies resulted in lowering profit margin, cut wages or jobs for workers, and defer potential wage hikes or expansions.

China’s global trade surplus skyrocketed to over $75 billion, mostly due to strong exports to the US, which were $51 billion or 46% up than a year ago.

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