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Home > World Business Report > Casualties of the US-China trade war
Podcast: World Business Report
Episode:

Casualties of the US-China trade war

Category: Business
Duration: 00:26:22
Publish Date: 2019-09-02 10:21:00
Description: As the trade war between the US and China expands, we meet some of those impacted by it. Frank Leung owns a Chinese shoe factory in Dongguan, which sells 90% of its output to the US, and tells us how new 15% US import tariffs are affecting his business. Stephen Lamar of the American Apparel and Footwear Association represents US footwear companies, and explains how the import taxes are impacting his members. And Magi Raible, chief executive of LiteGear Bags in California, discusses how her business has switched supply of its luggage from China to Cambodia. Also in the programme, with Argentina in the midst of a currency crisis, the government has imposed sweeping restrictions on how much money people can exchange into foreign currencies. Jimena Blanco of risk consultancy Verisk Maplecroft in Buenos Aires, explains the government's thinking. Plus our regular workplace commentator Heather McGregor of Heriot Watt University takes a look at research indicating that expressing gratitude towards our colleagues can help combat stress and boost job satisfaction.
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