Thursday, August 15, 2019
Economics: Who Is Gonna Win The Trade War?
(Drivebycuriosity) - Do you wonder who is gonna win the trade war between the US and China? This week`s economic numbers give you an answer. Yesterday China reported that retail sales grew in July 7.6% year-over-year and industrial production advanced 4.8% (calendar). This morning we learned that the US retail sales rose 3.4%, less than half as fast than the Chinese, and that the American industrial production shrank 0.2% (industrial). It looks like that tariff mad man Trump is making America small again.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment