Wall Street opened sharply lower Thursday as U.S.-China trade worries persisted, with more companies suspending business with Chinese telecom giant Huawei.
Crisafulli also pointed out that flash PMIs indicate that an economic rebound from earlier this year is “showing signs of attenuating” while the Federal Reserve is in no hurry to cut rates. “If the U.S. would like to keep on negotiating it should, with sincerity, adjust its wrong actions. Only then can talks continue,” said China.
That is if they do not drop US securities and the whole world go
Where are reasonable, intelligent executives? Are they that ignorant? China already made statements that if that is the goal of the USA they will stop producing things for the rest. Iphones, ipads, compuetrs will virtually shut down too. It may take years to be able to produce
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