Weakness Across Asia, China's PMI, Trade-War Damage: Eco Day

Date: Thursday, May 2, 2019
Source: Bloomburg

  •  Manufacturing and export reports show cooling across region
  •  Americans judge fallout from U.S. tariffs, including on farms

Welcome to Tuesday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help get your day started: 

  • A swath of weak economic data in Asia greets U.S. and Chinese negotiators as they return to the table for trade talks in Beijing this week
  • Stability reigns. Here’s why China’s PMI undershooting isn’t all bad news, according to Bloomberg Economics analysis
  • Trade elsewhere. In another trade drama, China offered to assistCambodia in case the European Union follows through on revoking Cambodia’s tariff-free privileges as retaliation for alleged human rights violations and undermining democracy
  • Collateral damage. American farmer income is feeling the pain from U.S.-China trade tensions
  • Middle class pitch. Rust Belt workers in the U.S. are getting an earful from former Vice President Joe Biden amid early campaign challenges to President Donald Trump’s re-election

 

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