Trade War With China?
President Trump signed an executive order that essentially says that the US will not buy goods from anyone who buys oil from Iran.
China buys a lot of oil from Iran.
Does this mean we won't buy goods from China anymore?
Seems like a stretch. Did you know that 95% of the ibuprofen is produced in China? Along with millions of other items. Perhaps President Trump is just using this as a negotiating tactic.
How does this affect us as marketers?
I can imagine putting together a special report for clients that would focus on how world events might affect supply and demand in the local economy or specifically in each client's business.
You could also find out what products are typically used in business that come from China and make a list for your clients telling them to stock up now.
You could go to local business groups and offer a report on how to thrive even when the economy looks like it is going to take a hit.
You could take a look at making fast money for businesses by using some Jay Abraham techniques to find hidden cash. (Glenn Osborn has a report on. this.)
Business owners might be worried... just go and talk with them and be friendly without trying to hard sell them... you'll get business soon enough.
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