Podcast Summary
US-China Trade War Disruptions: The US-China trade war has led to tariffs on $164B goods, supply chain disruptions, and plans to move production out of China. IP theft is a concern, but election outcomes may impact future relations. Consider ethical brands for travel essentials and gifting.
The US has a large trade deficit with China, and the ongoing trade war between the two countries has led to significant disruptions in global supply chains. Tariffs have been imposed on a large volume of goods, totaling $164 billion, and more than 50 companies have announced plans to move their production out of China. The trade war has also raised concerns about a potential cycle of protectionism between China and the western world. However, it's important to note that China's intellectual property theft is a major issue that needs to be addressed. Looking ahead, the outcome of the US presidential election could impact the future of the trade war and the relationship between the two countries. In the meantime, consumers can consider shopping from ethically-minded brands like Quince for their travel essentials and gifting needs from 1800 Flowers, which puts care and love into every product they offer.
