Matt Townsend
Section Editor, Checkout at Bloomberg News
@business editor in NYC. Lover of Cake (the band). Girl dad. Cavapoo dad. Philly fan. Brooklyner. @PittTweet & @newmarkjschool grad. My bad opinions are my own.
Articles
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2 weeks ago |
bloomberglinea.com | Matt Townsend |James Mayger |Augusta Saraiva |Qilai Shen
Bloomberg — La embestida arancelaria del presidente Donald Trump ha agitado Washington y Wall Street durante casi un mes. Si la guerra comercial persiste, la próxima agitación golpeará mucho más cerca de casa. Desde que EE.UU. elevó los gravámenes a China al 145% a principios de abril, los envíos de mercancías se han desplomado, quizá hasta un 60%, según una estimación. Esa drástica reducción de mercancías procedentes de uno de los mayores socios comerciales de EE.UU.
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2 weeks ago |
courant.com | Matt Townsend |James Mayger |Augusta Saraiva
By Matt Townsend, James Mayger and Augusta Saraiva, Bloomberg NewsPresident Donald Trump’s tariff onslaught has roiled Washington and Wall Street for nearly a month. If the trade war persists, the next upheaval will hit much closer to home. Since the U.S. raised levies on China to 145% in early April, cargo shipments have plummeted, perhaps by as much as 60%, according to one estimate.
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2 weeks ago |
thedailynewsonline.com | Matt Townsend |James Mayger
President Donald Trump’s tariff onslaught has roiled Washington and Wall Street for nearly a month. If the trade war persists, the next upheaval will hit much closer to home. Since the U.S. raised levies on China to 145% in early April, cargo shipments have plummeted, perhaps by as much as 60%, according to one estimate. That drastic reduction in goods from one of the largest U.S. trading partners hasn’t been felt by many Americans yet, but that’s about to change.
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2 weeks ago |
gazettextra.com | Matt Townsend |James Mayger |Augusta Saraiva
President Donald Trump's tariff onslaught has roiled Washington and Wall Street for nearly a month. If the trade war persists, the next upheaval will hit much closer to home. Since the U.S. raised levies on China to 145% in early April, cargo shipments have plummeted, perhaps by as much as 60%, according to one estimate. That drastic reduction in goods from one of the largest U.S. trading partners hasn't been felt by many Americans yet, but that's about to change.
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2 weeks ago |
miamiherald.com | Matt Townsend |James Mayger |Augusta Saraiva
President Donald Trump's tariff onslaught has roiled Washington and Wall Street for nearly a month. If the trade war persists, the next upheaval will hit much closer to home. Since the U.S. raised levies on China to 145% in early April, cargo shipments have plummeted, perhaps by as much as 60%, according to one estimate. That drastic reduction in goods from one of the largest U.S. trading partners hasn't been felt by many Americans yet, but that's about to change.
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The mounting supply shock... https://t.co/rjCHSlqAK2 https://t.co/NdJXwzLPGX
Couples are cutting wedding budgets and delaying the event altogether in a sign that a sinking stock market and recession fears are causing a pullback on big purchases. https://t.co/hEJJsJW9It via @business
What gets lost in this "bring manufacturing back to the US" rhetoric is that China's scale and skill is unequaled. Here's what Tim Cook said back in 2017: https://t.co/MlijNEEmkK via @technology https://t.co/yR0G28xcL2