Many thanks to the Financial Director out of the UK for running my latest Op Ed entitled US-China: Working harder to achieve less. The full article is here and a few sentences are below. The Financial Director is “a community of finance leaders, providing expert content that connects, engages and informs our audience on the issues that matter.” (web site)
Uncertainty in corporate decision-making has been the biggest casualty of the US-China trade war, and deserves more headlines than the international row itself. Businesses all over the world, and the US is certainly no exception, are pragmatic to a fault.
When faced with supply chain issues, price increases, or unexpected staffing changes, they are able to rejigger their business models, as conditions require. But most of those adjustments come in the wake of permanent changes. As this Sino-US dispute is indefinite in its duration, businesses are temporarily paralyzed in terms of their next steps.
