Description: BEIJING — The U.S. economy could lose more than $1 trillion worth of production and long-term global competitiveness if the White House pursues a sharp separation with China, according to a report released Wednesday by the U.S. Chamber of Commerce and Rhodium Group.
Source: CNBC.com – video report
Date: Feb 18, 2021
Questions for discussion:
- What does the report say about the global business ties with China and the costs associated with any reductions?
- Do you believe there will be an “adjustment” to trade with China and investing in firms tied to Chinese production?