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Heavenly Father, help our nation strike a mutual trade relationship with all countries in the days and weeks ahead!
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U.S. manufacturers are moving parts of their businesses out of China to avoid paying U.S. tariffs from President Trump’s trade war.

Yeti Holdings Inc., iRobot Corp., Crocs Inc., and others are moving production out of China to countries such as Vietnam, India, Taiwan, and Malaysia, according to the Wall Street Journal.

“We have been shifting production to Vietnam very aggressively,” said Shawn Nelson, CEO of the furniture-maker Lovesac Co. “Once you move, you don’t go back.”

Companies that relocate from China are unlikely to move production back because of the high cost of moving operations. The cost is worth it to move out, though, to avoid tariff rates that hit as high as 25% for companies without an exemption….

China’s economic growth has slowed significantly as Trump continues to pressure the East Asian power. China’s economic growth posted a 26 year low in the second quarter of 2019.

The trade dispute has had increasing effects on the U.S., as well. American soybean farmers, who send a large amount of their product to China, have been some of the hardest hit. The Trump administration has provided the sector with billions in aid to offset the financial harm from the tariffs. (Excerpts from The Washington Examiner article by Tim Pearce)

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Jonie Lawhorne
July 20, 2019

We deal with these communist governments who persecute Christians and oppress their own people how can we pray for deals to be made.You can not deal with the devil…you only hurt everyone ….give help to the people they oppress forget about deals with governments who steal from us all the time. They need A wake up call from heaven that’s what our prayers should be.Root out the wicked and treacherous in places of authority in Jesus Name and bind the strongholds of the devil that come against Gods people in these nations in Jesus Name Amen

Sherry
July 19, 2019

Lord continue to guide and direct President Trump and those who are advising him to accomplish Your will in China. I also pray for the Pastor who is in prison and any other persecuted Christians to be released because of the pressure on leadership there. Lord I pray for many people to hear the Gospel and be set free from oppression, deception and to know You as their Abba Father. In Jesus name. Amen

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