Daniel Lacalle Profile picture
PhD #Economist #Author. Chief Economist, Tressis. #Professor @IEbusiness #Advisor @frdelpino. YouTube: https://t.co/sjWtBdfIT7

Aug 23, 2019, 6 tweets

President Trump orders US manufacturers to move from China. What may have happened? Open thread: cnbc.com/2019/08/23/us-…

1) US concerns that initiatives to advance on intellectual property rights may have never started.

The US claims losses of $600 billion from intelectual property theft in China.

usitc.gov/publications/3…

2) Ongoing stealth devaluation and tighter internal capital controls

3) A possible imminent intervention in Hong Kong.

4) Despite renewed talks, more tariffs

5) Rising outflows from China and into US

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