ShipMatrix President Satish Jindel joins Yahoo Finance Live to discuss the impact of geopolitical tensions on global trade which could lead to increased prices for the consumer.
Jindal also spoke about China's e-commerce giants Shein and Temu which are thriving in the US. He praised both companies' “impressive” story—the ability to consolidate production and manufacturing processes in a way that is extremely cost effective. Jindel suggests that rising labor costs in the US makes buying products from China “more attractive” due to cost benefits.
#stockmarket #trade #youtube
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Jindal also spoke about China's e-commerce giants Shein and Temu which are thriving in the US. He praised both companies' “impressive” story—the ability to consolidate production and manufacturing processes in a way that is extremely cost effective. Jindel suggests that rising labor costs in the US makes buying products from China “more attractive” due to cost benefits.
#stockmarket #trade #youtube
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
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- Yahoo Finance, Personal Finance, Money
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