US-China trade war may cut Los Angeles’ economic growth to zero, mayor Eric Garcetti warns during Ho

[onebyone]

As many as 200,000 jobs could be lost at two vital ports, with an expected 20 per cent drop in cargo, though mayor gives assurance that city’s economy is strong enough to weather the blow

https://www.scmp.com/news/hong-kong...ade-war-may-cut-los-angeles-economic#comments

Last year, a record 1.1 million Chinese tourists visited Los Angeles, up 6 per cent from the previous year. Garcetti hoped the growth would continue.

“Chinese love LA. I want them to see and share LA,” he said. “They spend a good amount of money there, sometimes double what other overseas travellers spend.”

 

[Ghareeb_Da_Baal]

coming midterm election will cost Republicans some serious votes esp, from the farmers.

 

[hoangsa74]

if the u.s is keep having trade deficit of $400 billion every year with china, soon there will be 20 million job loss just to appease a few dudes who want to sell their stuff in china.

 

[GHALIB]

china is indirect obstruction in bail out package of 12 bn dollar .