Business News: What’s Up with China Tariffs? Do Credit Lines Provide Hope? Why Florida for Startups?
Business News: With inflated percentages on tariffs against Chinese goods, Gene Marks doesn’t expect negotiations to temper those rates much or the current trade war. He advises those who bring in Chinese goods to find alternatives. He also points out that a major financial institution hasn’t seen much change in credit line usage, which is a good sign, while economists are indicating the fed might cut rates this year to lessen any impact a recession created by tariffs might have. And if you’re in the start-up market, a handful of Florida cities, including Tampa and Miami, are tops in the U.S. based on one study.
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