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The inflationary pressures are definitely stronger than most had anticipated earlier this year, but there are some very good reasons to wait this out until the global economy fully recovers from the pandemic and its aftershocks.
Found on Reuters 3 years ago
The proposed U.S. tariffs on Chinese imports would certainly disrupt the internationally sliced-up value chains. It is well-known that large U.S. high-tech corporates and retailers use relatively cheap Chinese labor to assemble their products and gross trade flows analyses may underestimate the disruptive impact, raising tariffs on final and intermediate products that are shipped to the U.S. will crank up domestic prices for U.S. consumers and producers. As such, if these tariffs come through, it would provide another shock to the stock market and hurt producer and consumer confidence.
Found on Reuters 6 years ago
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