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US companies have significantly benefited from globalization, with S&P 500 firms’ cost of goods sold ratio dropping 7% since China joined the WTO, but new protectionist policies could threaten these gains and impact markets, according to Yahoo Finance.
#YonhapInfomax #Globalization #SP500 #CostOfGoodsSold #ChinaWTO #TariffPolicies #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
en.infomaxai.com/news/articleV

Yonhap Infomax · US Companies Also Benefited from Globalization—Cost of Goods Sold Ratio Down 7% After China Joined WTOBy Min Jae Lee