In what is being described as a major trade breakthrough, the U.S. and China have agreed to slash tariffs for 90 days while both sides negotiate a new agreement.
The decision has pushed stocks up on Monday, and is a solid beginning to what may be a long-term agreement.
Chris Kuehl, Managing Partner and Co-Founder of Armada, tells us that while some questions remain, a long-term agreement will go a long way toward helping American manufacturing.
About Armada
Armada has been providing NAED with economic updates since 2021 and serves as the economic expert for NAED’s Economic & Industry Sector Outlook.
Founded in 2000 by Keith Prather and Chris Kuehl, Armada began as a competitive intelligence firm focused on gathering, analyzing, and disseminating critical business intelligence. Today, Armada’s executives serve as trusted strategic advisors, combining corporate intelligence, economic forecasting, and strategy development to help businesses make informed decisions.
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