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Listen "9. Tariffs - Understanding the Global Trade War"
Episode Synopsis
Barrett Bingley is an experienced international executive with a focus on growth and commercial success. Ben Yeung is the executive director at Fujikon Industrial Holdings Ltd. During this episode, Ben and Barret will discuss the current situation of the global trade war. Find out how it affects the global economy, including the USA, China, Europe and SE Asian countries. Learn ways to cope with the trade war as an operator. Links: LinkedIn - Barrett Bingley LinkedIn - Ben Yeung Fujikon.com Time Stamps: 01:44 - Guest background and introduction: Barrett, Ben 03:01 - What is a Tariff? Who pays the tax? 06:56 - “Tariffs hurt everyone. Everyone will pay the price for a trade war.” - Ben Yeung 10:29 - Are tariffs an effective tool? Will countries adjust overtime? 16:18 - How the election plays a role in the strength of a country 18:50 - The effects of TPP on all parts of the world 22:24 - Coping with the trade war as an operator. What can you do? 34:13 - Understanding the de minimis tax rule
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