Trade War Brings Uncertainty to U.S. Commercial Real Estate
- By Acquisition Consultants
- June 28, 2018
On Friday, U.S. President Donald Trump announced tariffs on $50 billion dollars in Chinese imports, escalating a trade war between the world’s two largest economies. While this move may prove to have several long-term economic and political benefits, commercial real estate professionals should watch several key factors in the short term, says CCIM Institute Chief Economist K.C. Conway.
“It is as high a stakes game as it goes in economics, and we haven’t really seen it at this level since the Nixon era and price controls,” Conway says.