Broker Check

Possible Costs of a War with China

Economic Costs of War by chris@kilmerco.com

References

International Trade Routes Might be Halted

  • https://chinapower.csis.org/much-trade-transits-south-china-sea/
  • https://finance.yahoo.com/news/heres-what-would-happen-if-china-attacked-taiwan-214917571.html

Essential Goods Might Cease to be Imported

  • https://www.bea.gov/news/2021/us-international-trade-goods-and-services-july-2021

Critical Drugs

  • https://www.nbcnews.com/health/health-news/fda-recalls-are-reminder-china-controls-much-world-s-drug-n900716
  • https://www.forbes.com/sites/kenrapoza/2020/04/30/why-is-the-us-is-so-ridiculously-dependent-on-china/?sh=6a18d28156b5
  • https://nypost.com/2023/03/28/china-controls-your-meds-and-that-should-scare-you/
  • https://www.nbcnews.com/politics/congress/drug-shortages-are-rising-pose-national-security-risk-new-report-warns-rcna75959
  • https://www.msn.com/en-us/health/other/pfizer-says-it-s-running-out-of-penicillin-products/ar-AA1cDDt5?cvid=c1dca5ebff7943b9d50a13ab31928dea&ocid=winp2fptaskbar&ei=77

Raw Materials

  • https://www.politico.com/news/magazine/2022/12/14/rare-earth-mines-00071102
  • https://www.msn.com/en-us/money/markets/why-china-is-banning-rare-earth-metal-exports/ar-AA19XVXS?cvid=3055d94a711c491ef8f629ef49da8369&ocid=winp2fptaskbar&ei=6
  • https://www.dailywire.com/news/china-restricts-export-on-2-minerals-that-could-damage-economy

Lithium-Ion Batteries

  • https://naatbatt.org/why-batteries-are-important-to-america/
  • https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/us-lithium-ion-battery-imports-jump-as-china-seizes-market-share-63271388

Disclosures

The views and opinions expressed are based on current economic and market conditions and are subject to change.  There is no guarantee that any statements of future expectations will come to fruition.  All information presented is collected from sources believed to be reliable, but may not be guaranteed.  It is meant to provide general education and should not be considered investment advice, or a recommendation to take a particular course of action.  United Planners is not affiliated with any other entities referenced.

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