2 chapters across the catalog
As travel and hospitality industries suffer, other sectors like video conferencing (Zoom), gaming, and online grocery delivery (Amazon Fresh, Ocado) are seeing record growth. Treasury Secretary Steve Mnuchin is cited regarding how the surge in household spending may partially offset losses in the airline and cruise sectors.
The NBA controversy coincides with "Phase One" of a new trade agreement between the US and China, involving significant agricultural purchases and technology transfer discussions. Treasury Secretary Steve Mnuchin and President Trump have highlighted the potential for Chinese purchases of US farm goods to reach $40-50 billion. There is speculation that Trump may be using the NBA's predicament as a bargaining chip in these broader geopolitical negotiations.
