A ship unloads its cargo from Asia at the Port of Long Beach, California. The trade war between the US and China will not be resolved quickly, according to S&P Global Ratings, even if a deal is reached at the Apec Forum in Chile next month. Photo: AFP
Mergers and acquisitions will pick up in coming years as supply chains scramble to recalibrate after US-China trade war
- Of deal makers surveyed, 77 per cent expect tariffs, other trade barriers to fuel future mergers, according to Baker Tilly International and Mergermarket
- Value of global deals was down 11 per cent to US$2.49 trillion in first nine months of 2019
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US-China trade war
A ship unloads its cargo from Asia at the Port of Long Beach, California. The trade war between the US and China will not be resolved quickly, according to S&P Global Ratings, even if a deal is reached at the Apec Forum in Chile next month. Photo: AFP