Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Epic Advisors, LLC (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

US-China trade war by the numbers

% of readers think this story is Fact. Add your two cents.


The expanding US-China trade war has big implications for major economies and markets around the world.

In early May, the Trump administration slapped 25% tariffs on $200 billion worth of imports. China struck back by vowing to raise tariffs further on some $60 billion in US exports.

Meanwhile, US technology shares have been whiplashed by Washington’s decision to impose a ban on American companies doing business with China telecom giant Huawei Technologies, which has suppliers and customers around the world.

The company is the world’s biggest seller of equipment used in 5G telecom networks and the No. 2 seller of cellphones.

Global Impact

What does this mean for investors’ portfolios? If your investments have significant exposure to China, it may be time for a rethink.

The Wall Street Journal recently posted a useful analysis of how the trade fight has played out in markets so far in May.

So far, Chinese markets have taken a bigger overall hit than the US.


What’s more, global investors are pulling back on their purchases of Chinese stocks traded in Shanghai and Shenzhen.


Tech Pain

Within the US, the technology, materials and consumer discretionary sectors have taken the biggest hits since the escalation of the US-China trade war in May.   

And even high-flying tech stocks like Apple (AAPL), Alphabet (GOOGL) and Qualcomm (QCOM) have taken a hit.

Takeaway

It’s hard to see a quick and easy resolution to the US-China standoff.

In my view, investors need to stay vigilant and take a hard look at their portfolios for exposure to China.

Photo Credit: Herry Lawford via Flickr Creative Commons


Source: https://investing.interactiveadvisors.com/2019/05/us-china-trade-war-by-the-numbers


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.