Attention Economy


Tuesday, October 22, 2024

Business Impact Arising from the US-China Tiff

HSBC splits bank amid growing tensions between China and the West
https://www.telegraph.co.uk/business/2024/10/22/hsbc-splits-bank-amid-growing-tensions-china-west/
Lender will split its business into Eastern and Western markets to ‘simplify’ its structure
 
US Tariffs Will Not Bring Back Jobs from China
https://www.project-syndicate.org/commentary/us-tariffs-will-not-bring-back-manufacturing-jobs-from-china-by-michael-r-strain-2024-10
Although protectionism has become a rare point of bipartisan consensus in America, the public debate about it gets some basic facts wrong. Yes, trade is disruptive, but the US has been unwilling to take advantage of the opportunities generated by it and is instead trying in vain to recreate the jobs of the past.