Doing business in China is tricky and companies could get sucked into the political quicksand, so best to have an exit strategy to avoid reputational risk, experts say.
It’s not that companies can’t operate without China, it’s just that for now, said companies will not grow as fast as they could with it, and will likely do so with lower margins. In a retail world constantly balancing sales and profit, avoiding China is giving up both for many Western brands.
Even though Britain is no longer a part of the European Union, it still does business with its neighboring countries. In this fireside chat, Richard Greening and Walter Van der Meiren discuss the work that needs to be done to keep trade seamless between the U.K. and the rest of Europe.
Gina Raimondo will be the anti-Wilbur Ross as secretary of commerce, with less focus on protectionism.
The US trade balance is a representation of the value of imports subtracted from exports.
A FreightWaves survey of top election issues as viewed by motor carriers found the economy top of mind ahead of Tuesday’s election. Taxes and regulations tied for second.
Global trade could be the next casualty if the virus resurges, warns OECD.
Cargo flows face worst hit in a century but have potential to bounce back fast.
