Collapsing demand for US industrial space shows ‘the pain of trade war’, says Cushman & Wakefield

//Collapsing demand for US industrial space shows ‘the pain of trade war’, says Cushman & Wakefield

Collapsing demand for US industrial space shows ‘the pain of trade war’, says Cushman & Wakefield

Demand for industrial space in the United States fell by nearly 60 per cent on year in the first quarter, reflecting the wide-reaching impact of the US-China trade war, according to Cushman & Wakefield.The property consultancy cautioned the factors driving the drop in demand could be either the trade war or the tendency for companies to overstock ahead of the first round of tariffs imposed on Chinese-made goods by US President Donald Trump in 2018.“It is possible that the trade dispute is…

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By | 2019-06-13T13:00:13+00:00 June 13th, 2019|Business|Comments Off on Collapsing demand for US industrial space shows ‘the pain of trade war’, says Cushman & Wakefield