Wipes out canal across asia experts say 95 percent of the worlds banana production could be averaged. This is business. As well come the latest figures published by china show our quote from its factories is growing albeit its slowest rate for 17 years the impact of the trade war with the u. S. Is taking its toll at home bought a white house decision to delay some to us a plan to slap on chinese products is the least some hope that tensions could be easing. The delayed tariffs if theyd hit in september would have been no laughing matter for ordinary americans for the 1st time they would have affected Consumer Products including Toys Clothing and electronics thats why President Trump says hes spending them for festive reasons explaining to reporters that the tariffs would have had too much effect on peoples christmases. The president also says the decision follows constructive phone calls with the chinese beijings incentive for
ending the trade conflicts was laid bare in figures announc
table come september when they have those talks with the u.s. now the data that that s been put out by china is not only reflective of what s of what impact the u.s. has have done to the chinese economy but it s also showing how china is struggling to stabilize its economy as it moves away from manufacturing economy and into a more domestic consumption driven economy but that seems to be a weak point for china because g.d.p. is at its slowest as well 6.2 percent staggeringly in the in the 2nd quarter of this year. you mentioned the trade talks will continue in september what can we expect. well analysts say some of those tears will go on and go ahead come september 1st but we won t see any conclusive talks coming out of those discussions you know but the move by trump delaying his tariffs