Experts Believe Global Bear Market is Just Getting Started Over the past few months, stock markets from all over the world have fallen drastically. Some economists are worried about a global slowdown in economic growth. China China has been a driving force of strong economic growth for over a decade. However, the United States imposed a massive tariff on Chinese goods this year. The duty is already impacting companies based in China. Some manufacturers are moving production to other countries in Asia. Some economists also … [Read more...] about Experts Believe Global Bear Market is Just Getting Started
China’s foreign ministry announced that they would be open to talks about trade, one day after Beijing announced that business and trade deals would be scrapped if the United States decided to enforce tariffs on China. The United States and China have been going back and forth on the subject of tariffs, which could amount to more than $150 billion for each country if the tariffs go into effect. Past negotiations Secretary of Commerce for the United States, Wilbur Ross, met in Beijing on Sunday. He failed to make a public statement … [Read more...] about China Affirms Willingness to Talk Trade with U.S.