U.S. Treasury Secretary #JanetYellen says some China tariffs from the Trump era serve no strategic purpose. Does it signal the end of some of them, amid record high #Inflation?

🔴Now on @EpochTV👇
https://ept.ms/JanetYellen_

#Biden weighs removing tariffs on China. Is that a good plan to fight #inflation? We discuss how China actually contributes to prices rising everywhere.

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https://ept.ms/Inflation

#Biden weighs removing tariffs on #China. Is that a good plan to fight #inflation? We discuss how China actually contributes to prices rising everywhere. What is the better approach?

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As #inflation rages on, senators are advancing a bill hoping to lower costs. They say it’s aimed at reducing our dependence on #China and #Taiwan for semiconductor chips.

🔵Now on @EpochTV 👉 https://ept.ms/USFarmland

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In this special episode, we sat down with China economic analyst #AntonioGraceffo. He talks about the current #Inflation, if China is involved, and how China's economic outlook would be felt by U.S. consumers.

⭕️ Watch the full episode 👉https://ept.ms/DrivingUSInflation
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We discuss the historic levels of #inflation, if #China is involved, and how China’s own economic outlook would be felt even by U.S. consumers.

🔵Watch on @EpochTV 👇
https://ept.ms/DrivingUSInflation

Rising prices and falling currencies—the effects of inflation are hitting hard. But in this age of #Globalization, what role is the Chinese regime playing in U.S. #Inflation?

In this special report, we look at how players in different countries move across the global chessboard and how actions thousands of miles away are felt here at home.

⭕ Watch the full episode 👉https://ept.ms/BehindInflation
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With #Inflation at a 40-year high and supply chains snarled, Americans are feeling the effects of inflation. Most eyes are pinned on the Fed, but there's a second area that's in play: #China.

⭕️ Watch the full episode 👉https://ept.ms/BehindInflation

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#DeutscheBank CEO warns recession is inevitable, says #Germany must cut reliance on #China

//The German economy stagnated in the second quarter, while producer price inflation hit a record high in July. The German finance ministry cited reduced gas supplies from Russia, rising costs of energy and other goods, and persistent supply chain disruptions in part due to China's "zero-Covid" policy...

"When it comes to dependencies, we also have to face the awkward question of how to deal with China. Its increasing isolation and growing tensions, especially between China and the United States, pose a considerable risk for Germany," Sewing said, adding that China had become a "cornerstone" of the German economy.

He highlighted that China accounts for around 8% of German exports and 12% of imports, while more than one-tenth of the sales of companies listed on the country's DAX stock index go to China, adding that the pandemic made clear the extent to which German supply chains rely on Russia.

"Reducing this dependency will require a change no less fundamental than decoupling from Russian energy," he said.//

Source: CNBC #Sept7

https://www.cnbc.com/2022/09/07/deutsche-bank-ceo-warns-of-recession-says-germany-must-cut-china-reliance.html

#Inflation #Recession #WorldEconomy

#DeutscheBank CEO warns recession is inevitable, says #Germany must cut reliance on #China

//The German economy stagnated in the second quarter, while producer price inflation hit a record high in July. The German finance ministry cited reduced gas supplies from Russia, rising costs of energy and other goods, and persistent supply chain disruptions in part due to China's "zero-Covid" policy...

"When it comes to dependencies, we also have to face the awkward question of how to deal with China. Its increasing isolation and growing tensions, especially between China and the United States, pose a considerable risk for Germany," Sewing said, adding that China had become a "cornerstone" of the German economy.

He highlighted that China accounts for around 8% of German exports and 12% of imports, while more than one-tenth of the sales of companies listed on the country's DAX stock index go to China, adding that the pandemic made clear the extent to which German supply chains rely on Russia.

"Reducing this dependency will require a change no less fundamental than decoupling from Russian energy," he said.//

Source: CNBC #Sept7

https://www.cnbc.com/2022/09/07/deutsche-bank-ceo-warns-of-recession-says-germany-must-cut-china-reliance.html

#Inflation #Recession #WorldEconomy