Team-BHP > Shifting gears

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Old 28th August 2019, 18:45   #496
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Default Re: Recession Again ?

Originally Posted by vrprabhu View Post
I was stupid enough to believe that the trade war between China and US will help Indian companies, especially with the depreciating Rupee... I guess other countries must be filling the space left behind by China - Vietnam, Taiwan, Bangladesh perhaps?
Tariffs on trades of that magnitude would create a supply shortage (what they call as a supply shock sometimes) in the manufacturing cycle. It takes a while for other countries to fill in. Businesses may just take a pause, cut down or close based on their options available. We have to wait and watch.
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