Home |
Search |
Today's Posts |
|
Home Repair (alt.home.repair) For all homeowners and DIYers with many experienced tradesmen. Solve your toughest home fix-it problems. |
Reply |
|
LinkBack | Thread Tools | Display Modes |
#1
Posted to alt.home.repair
|
|||
|
|||
A trade war with China could be very bad news for some ofAmerica's largest companies.
On Monday, April 2, 2018 at 2:16:40 AM UTC-5, Bod wrote:
GM (GM) said earlier this year that it and its joint venture partners sold more than 4 million vehicles in 2017 -- a record high fueled by strong demand for the Cadillac and Buick brands. Starbucks (SBUX) has made a big bet on China as well -- and it appears to be paying off. The coffee king now gets about 14% of its sales from China -- and sales are growing at a faster pace there than they are in the United States and other developed markets. Casino giants Las Vegas Sands (LVS) and Wynn Resorts (WYNN) could also be hurt by China's potential retaliatory moves. Both of those companies generate more than half their revenue from the Chinese special administrative region of Macau -- not Sin City. So even though President Trump is acting to try and protect American workers from Chinese competitors that are selling more of their goods and services in the United States, many American companies stand to lose big if China fights back with tariffs of its own. http://money.cnn.com/2018/03/22/news...les/index.html -- Bod What effect has this had on your investments? When you have nightmares, do you see an Orange bogyman chasing you? Have you lost your home or any other property? Do you go through life in fear of what's going on in other countries? Have you lost your mind? I'd really like to know what effect anything that President Trump does that affects you. o_O [8~{} Uncle Curious Monster |
Reply |
Thread Tools | Search this Thread |
Display Modes | |
|
|