1 minute reading time (270 words)

Tariffs, Trade and Global Growth


While you may have heard that the economic summit was contentious, to say the least, for the first time in nearly 3 decades the Asia-Pacific Economic Cooperation did not issue a communique. This was largely due to Chinese officials feeling they were singled out by the group for not being transparent.

The meeting next week between Presidents Trump and Xi should foster an agreement to keep discussing a deal and will ultimately tell the tale of how trade talks will pan out. There certainly is a lack of synchronized global growth which does bring into question the state of the global economy—U.S. economic growth is expected to remain strong but countries such as Japan, Germany and especially China are experiencing contractions and continued slowing. These factors will play a roll in the continued deal making over trade.

Another factor to consider in these talks is the EU, however, they have their own set of issues with the declining 3rd quarter growth numbers and the inevitable Brexit split looming. Everyone is largely looking for a deal—each country wishing to resolve trade differences that seem fair for their respective countries. This leaves us hopeful that trade deals will be made but possibly not without a little pain due to the lengthy negotiations.

In the short-term, these tariffs and so-called ‘Trade War’ will cause a drag on a number of market sectors and the growth prospects for some business but if Trump gets what he wants, even some of what he wants, the long-term prospect for the trade treatment of American companies will be much more favorable, which is always a good thing.

Harvesting Losses
How to Disaster-Proof Your Finances


No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Tuesday, 19 January 2021

By accepting you will be accessing a service provided by a third-party external to https://www.attentiveinv.com/

Due to renewed State orders for shelter-in-place we will be modifying our office operations. We will be suspending services at our physical office for the public. However, we are available to you via web meeting (zoom), email and telephone (Phone lines have been forwarded to our personal cell phones) during regular business hours. We will be able to fully service all your investment needs with no interruption.

You may drop contribution checks at our office through the mail slot or they may be mailed directly to TD Ameritrade (address listed below). Please be sure to notate your account number on the check.

TD Ameritrade
PO BOX 650567
Dallas, TX 75265-0567

Rest assured that we will continue to monitor your investments and market conditions on an ongoing basis with no interruption. Should you have any questions or concerns please feel free to contact us.

We will navigate this crisis as best we can, coming together and making shared sacrifices. We hope that we can help to slow down the effect of this virus together and solve this swiftly. We also wish everyone well and would like to extend our gratitude for your patience during these trying times. Continue to watch for updates from us.