World Economy Feels the Bite From Trade War

The video discusses the current economic climate, highlighting the impact of trade tensions on global markets and corporate strategies. It covers economic indicators showing signs of softness, corporate challenges like rising costs, and potential future developments in trade wars. The video also explores how companies might respond to these challenges, including relocating supply chains and adjusting pricing strategies.

What are some early signs of economic softness mentioned in the video?

• Softness in manufacturing activity and orders

• Growth in the housing market

• Rising stock prices

• Increased consumer spending

How might companies respond to the impact of trade tensions?

• By increasing their workforce

• By absorbing costs or relocating supply chains

• By expanding into new markets

• By reducing product prices

What is a critical issue for companies dealing with trade tensions?

• How to reduce employee benefits

• How to increase advertising budgets

• How to expand their product lines

• How much impact to absorb versus passing costs to customers

What event is highlighted as a potential development in the trade war?

• The EU delegation's visit to the White House

• A new trade agreement with Canada

• The signing of a peace treaty

• The launch of a new trade organization

What factor is expected to complicate US trade negotiations?

• The decline in oil prices

• The US domestic political cycle

• The rise of cryptocurrency

• The increase in global tourism