Why we should care about the US-China trade war

It seems the end is nowhere in sight for the trade war between the US and China.

China has taken the fight to the White House's doorstep by slapping new tariffs on $60bn of American goods and scolding the US president for a lack of good faith in bilateral trade negotiations.

This comes after the US announced that it would impose a 10-percent levy on $200 billion worth of Chinese goods.

Speaking to Xolani Gwala, CEO of Cannon Asset Managers and Professor at Gordon Institute of Business Science Dr Adrian Saville says, as South Africans, we should care to some certain extent about what the two countries are doing.

We should care because this tit for tat creates a lot of uncertainty in the environment which is never good for business or investor confidence.

Dr Adrian Saville, CEO of Cannon Asset Managers and Professor at Gordon Institute of Business Science

READ: How will the US-China trade war impact South Africa?

It's hard to see either side climbing down.

Dr Adrian Saville, CEO of Cannon Asset Managers and Professor at Gordon Institute of Business Science

ALSO READ: China, US on the verge of waging Trade War. Get ready to be ‘collateral damage’

Listen to the interview below:


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