China-U.S. Trade War Escalates, Increasing Construction Costs
05.14.2019 - By Real Estate News: Real Estate Investing Podcast
The trade dispute with China is escalating and some U.S. businesses are cringing at the idea of higher costs for goods. President Trump raised tariffs again on $200 billion worth of Chinese imports, from the previous 10% increase to 25%. He’s getting support for his strategy but some economists are predicting that the trade war will take a toll on U.S. businesses and consumers.