The United States is still doing business with China. For your information, China makes many products found on Amazon. According to the latest business information data released by Amazon, the data shows that an average of 40 percent or more of the sellers is China businesses; this data was collected from the top 10,000 Sellers are a massive increase from 26 percent, up from 2 years ago (May 10, 2019). Overall, there are approximately 200,000 Chinese businesses currently selling on Amazon.
- (1) both countries have grown dissatisfied with previous security issues
- (2) China’s emergence as a global rule-maker
- (3) China’s rise from a low-wage manufacturing hub to a technology power and
- (4) unresolved questions about the nature of ideological or systems competition are fueling the tensions.
There is not a quick and easy fix since both countries are too big and powerful. A repair would require statesmanship, patience, and courage. It will come from a realization that both countries have a shared necessity.
According to Goldman Sachs, more than 2 million Americans are set to lose their jobs and file unemployment by next week due to a massive “unprecedented surge” in layoffs. Goldman Sachs analysts added March 15 to the 21st will see “the largest increase in initial jobless claims and the highest level on record.”
If analysts are correct, the number of Americans filing initial claims for unemployment will be more than triple the all-time high set in the early 1980s, and nearly four times as many as seen during the peak of the Great Recession.