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The US President Donald Trump and his advisors have repeatedly said that they intended to get rid of the US trade deficit.
1. What are the main industries responsible for this trade deficit? Support your answer with numbers
2. What are the main countries responsible for this trade deficit? Support your answer with numbers
3. As of April 8th 2018, list the goods and the countries for which the US has decided to create new tariffs. For these goods, what are the amounts currently imported by the US?
4. List the US goods for which China has decided to create new tariffs. For these goods, what are the amounts currently imported by China?
5. Assume that the new tariffs will decrease both US exports to China and Chinese exports to the US by 30% (only for the targeted goods). Building on your answer on questions 1 to 4, what would be the impact of the new tariffs on the US-China trade deficit? Support your answer with numbers.
Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..
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A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
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