“It’s something that we are not actually going to have any control of.”
The ongoing trade war between the U.S. and China took a turn for the worse Friday, when the White House more than doubled tariffs on $200 billion worth of Chinese goods. Amid faltering negotiations, it hinted at further tariffs Tuesday. For the real-estate industry, which relies on China for a big chunk of its building materials, the moves create a disturbing uncertainty.
RSK: I agree....no one knows what the effects may be on CRE...we can only guess. I would just suck it in and be ready for anything. At the moment, a labor shortage is a major problem.
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- - Volume: 7 - WEEK: 21 Date: 5/21/2019 7:47:37 AM -