While the US and China seem more ready to work towards a trade agreement to avoid further damage to their economies, the end is still not in sight. The US is caught up in domestic politics and China seems okay to wait it out.
In the meantime, the global economy continues to lag, moving closer to that scary word, “recession.” So far China and the EU have felt the brunt of an economic slowdown, but analysts believe it’s a matter of time before the US feels the pinch.
Below are some highlights from CBX Software’s Q4 2019 Retail Sourcing Report.
If the US and China can work out a deal in Q4 the global economic climate might improve, but the odds are against this happening.
Download the Q4 2019 Retail Sourcing Report by filling this form:
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