Tuesday, September 25, 2018

WORLDRETHINK: Twitter tour on Tuesday, September 25, 2018

3m3 minutes ago
: Trade War effect: Yesterday, posted a story titled: “U.S. Tech Finds Itself Tangled Up in Trade War” by Cecilia Kang. We talked before about this issue: the American companies are very depending of the outsourcing operations linked with Chinese manufacturing plants.
: Trade War effect: The story says that: “President Trump says his trade war with China will protect America’s dominance and derail Beijing’s plan for technological and economic supremacy.” Good goal! But we are tangled with the Chinese businesses in bad way.
: Trade War effect: The same story of says that the new tariffs will hit “tech and telecom companies that provide much of the gear that powers the Internet, mobile networks, data storage and other technology.” According to the news, tariffs start at 10% & grow to 25%.
: Trade War effect. Like remarks, the effect of the trade war will damage to Intel, Dell, Apple and important American tech companies. In other story, wrote: “Quit China? It’s Not Going to be Easy”. The new story suggests to move tech plants to Cambodia. (?)
: Trade War effect: Rob Atkinson, president of the Information Technology and Innovation Foundation, a think tank referenced by , “The tariffs affect the heart of the infrastructure of Internet.” In summary, the tariffs to Chinese imports punishes American market too.
: Trade War effect: Despite companies like Intel or Apple design the technology in U.S., during last few years, Chinese outsourcing plants in charge of the manufacturing of our products are learned a lot of secrets of the tech business and they can compete with us.

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