Posts published by “Jessica Branson”

A.C. Moore Store Closure with Slowing Retail Sales in the U.S

By Jessica Branson on December 8, 2019

Store closures continue all through 2019. Now it is A.C. Moore that has announced its closure. CEO Anthony Piperno says that the company has been…

Tesla’s Cybertruck is a Breakthrough in Electric Pickup Trucks

By Jessica Branson on December 7, 2019

The new pickup truck Cybertruck was unveiled in LA. The uniquely shaped auto pickup truck was viewed with mixed emotions at the unveiling. The demonstration…

Toys R Us Opens Stores Again this Holiday Shopping Season

By Jessica Branson on December 6, 2019

Kids’ favorite Toys R Us opens again at Westfield Garden State Plaza mall in Paramus, New Jersey. Just re-imagine the experience of being a kid…

Jet.com To Leave The Fresh Grocery Delivery Sector

By Jessica Branson on December 5, 2019

A few years back, Walmart purchased Jet.com (the e-commerce retailer) for $3 Billion. A number of people witnessed the decision as an effort to vie…

China to Think Again before Proceeding with Trade War against the U.S

Tariffs between China and the U.S. are already at their maximum. China has imposed tariffs on U.S. products worth $135 billion. Imports of American products into China are at dismal levels now after the tariffs and will be of no use if China imposes further tariffs on the U.S. In the U.S. the agriculture sector has been the worst hit. The American Farm Bureau Federation states that about 40 percent of the farmers’ income is coming only through government bailouts or insurance payouts as most of them have already gone bankrupt. Now that American farm exports to China are not very substantial, China is unable to threaten the U.S. on the agricultural front. The U.S. has been supportive of Hong Kong. If China unloads its reserve stockpile to retaliate against the U.S. on this account, it would face a deep crisis, without its reserve cushion. This may lead to a currency depreciation that would almost destroy its economy. China has to think again before going ahead with the trade war. Another hold that China has is its rich rare earth asset. There is a chance that China may threaten its rare earth material exports to the U.S. However, the U.S. can easily find new supplies, just as Japan did in 2010 when China refused to supply rare-earth to Japan. Exports now feel that China has no proper weapon to use against the U.S. The trade war has impacted the Chinese economy more than it has done on the U.S., says Nomura Research Institute. The war that has raged for about a year and a half continues to evade a negotiation, partly because China is not coming to terms with the U.S. While China is showing a slowdown, the U.S. economy has been quite resilient by coming up with good economic data showing a positive trend, says chief economist Richard Koo, from the Nomura Research Institute.

China to Think Again before Proceeding with Trade War against the U.S

By Jessica Branson on December 1, 2019

Tariffs between China and the U.S. are already at their maximum. China has imposed tariffs on U.S. products worth $135 billion. Imports of American products…