The US president stil亚博娱乐官网平台千花坊hat he will be able

The US president stil亚博娱乐官网平台千花坊hat he will be able

e to coerce China into reaching a deal on his terms if more pain can be inflic

亚博娱乐官网平台千花坊女神会所ted on the country through use of even higher tariffs. “China should not retaliate — will o

nly get worse!” he tweeted on Monday after raising tariffs on $550 billion in Chine

se imports. It sounds like he wants to push the “war of attrition” forward, even at the cost of US businesses.亚博娱乐官网平台千花坊

Hopefully, the US companies’ pleas for a truce — in the form of their ap

plications for license to continue business as usual — will incentivize Washin

亚博娱乐官网平台千花坊gton to have second thoughts on the future relations between the world’s two largest economies.

Experts say restoring order key to halting economic damage and global spillover

Leading financial agencies, economists worldwide and Hong Kong officials have issued f亚博娱乐官网平台千花坊女神会所

resh warnings on the city’s potential for recession and the spillover effects on the global economy, as the mon

thslong turmoil in the key trade hub continues to dampen market confidence and disrupt business operations.亚博娱乐官网平台千花坊

They say that ending violence and resuming social order is the

亚博娱乐官网平台千花坊top priority amid early signs that global economic prospects could plummet.

In the latest escalation of violence, protesters used weapons including gasoline bombs to attack the police over t

he weekend, destroyed shops in the city and sabotaged the innovation, science and technology sectors, Hong Kong Special亚博娱乐官网平台千花坊女神会所

Administrative Region Chief Executive Carrie Lam Cheng Yuet-ngor told a news conference on Tuesday.

亚博娱乐官网平台千花坊The SAR’s exports in July saw a year-on-year drop of 5.7 percent, while imports in the same period plummeted 8.7 percent,

the SAR government’s Census and Statistics Department disclosed on Monday.

Japan’s leading brokerage, Nomura Securities, said in a research note on Monday, “We are con亚博娱乐官网平台千花坊女神会所

cerned that the ongoing political tensions in HK are now affecting the key pillars of the economy (s

uch as retail sales, tourism, property prices) and thus the outlook of corporate earnings.”

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