As China’s Economy Implodes, Trump Ratchets Up the Pressure
By Jeff Reynolds As the Wuhan coronavirus continues to spread, stay at home orders have shut down commerce in many parts of the world. Some have predicted a 40% contraction in the U.S. economy in the 2nd quarter of 2020. This means that China’s economy, heavily dependent upon exports, will see no economic rebound for quite some time. In the mean time, the Trump administration has “turbocharged” its effort to relocate global supply chains from China to markets less hostile to the West. The Epoch Times reports that China’s manufacturing industries have completely imploded: Chinese factories are ramping up...
By Jeff Reynolds As the Wuhan coronavirus continues to spread, stay at home orders have shut down commerce in many parts of the world. Some have predicted a 40% contraction in the U.S. economy in the 2nd quarter of...
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