But US “Energy Independence” is More Complicated.
Its China team “saw increasing patterns of fraud, counterfeits and unsafe products.” But US consumers have no clue where the sellers are and where the products came from.
And these are the good times. What happens in a recession?
One of the world’s critical choke points for maritime traffic.
US-China trade war, falling business confidence, slowdown in China, German exports, and new: the temporary shutdown of Hong Kong’s airport, the largest cargo hub in the world.
Just how important is China to GM, its Largest Market & Once Biggest Hope for Growth?
Fed Sent Big-Fat Message on “U.S.-China Trade Tensions” to White House.
But Mexican exports to other countries plunge, tripped up by global auto slowdown.
Supply chains begin to shift back to US suppliers, “due to tariffs.”
How the US shale boom changed the equation. If the attacks on Saudi oil facilities had occurred in 2007, it would have caused chaos in the US economy.