Looks like Trump is going ahead with 10% tarriffs on Monday / Tuesday on $200 billion. I reckon bad for us short term good long term as of the following companies that make most of the milk formula sales in China three are American. So counter tariffs by China will probably hit those companies hardest.
Nestle, Danone, Mead Johnson Nutrition, Royal FrieslandCampina, American Dairy, and Abbott Laboratories account for more than 50 per cent of China's market.
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Looks like Trump is going ahead with 10% tarriffs on Monday /...
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