US-China trade war optimism? Big companies are not buying it.

The recent gains in the stock markets have been mainly because of the positive signals from the US and China deal. However, some CEO’s are not buying it, they believe that they will feel the the pain of the trade tensions over the next six months. “...according to the third-quarter CNBC Global CFO Council Survey. The quarterly survey finds the CFO’s around the world increasingly worried about the US trade policy as a business risk factor. Chief Financial Officers also downgraded their view of the US economy from “improving” to “stable”” (CNBC). There is so much uncertainty between the US and China that CFO’s don’t really know how to react. The CNBC Global CFO Council represents over $5 trillion in market value and 35% of CFO’s said that US trade policy was the biggest external risk factor. Almost half of North American CFO’s said they are facing higher input costs and in turn are passing these on to their consumers to offset the costs. A majority of the CFO’s surveyed believed this would not affect Trump’s reelection process and that the US would not fall into another recession within the next year.  The US and China have agreed too meet again in October to try and negotiate a new plan, but CFO’s and consumers around the world are getting more worried by the day. How is this trade war affecting business investments? Will the US and China come to an agreement in October or will this trade war continue?