Are U.S.-China Trade War and COVID-19 influence business opportunities in the United States? The United States is the second-largest consumer of machine tools in the world, the industrial market is still waiting, and global economic demand has not significantly recovered.

According to the economic growth data currently released by the US Department of U.S. Bureau of Economic Analysis (BEA), in the third quarter of 2019, US private consumption reached a growth rate of 2.6%. Compared with private consumption, the growth rate of private investment is the lowest since President Trump ’s tenure, only 0.4%.

In the first quarter of 2020, Taiwan's machinery industry was affected by the outbreak of scheduled epidemics, and machinery export orders fell.

Japanese machine tool factory develops next-generation business opportunities, demands for replacement machines and introduces 5G services.

To understand the needs of Russia's manufacturing upgrading at this stage, and point out that international machine tool manufacturers are launching machine tools in the Russian market that are similar to Taiwan machine tool to provide a reference for Taiwan's machine tool industry to lay out the Russian market.

The world economy refers to an economic community or economic cooperation group formed by multiple countries to achieve preferential trade policies and realize common economic interests in response to fierce market competition.

The global economy at the beginning of 2020 was affected by the epidemic, and the global economy showed a downturn, which caused global concern.

The epidemic severely hurts the global economy and the manufacturing industry in Asia is at a bottom.

The recent epidemic in Europe and the United States has gradually slowed down. Countries have begun to plan to gradually restart economic activities, which will help demand to recover and manufacturing activities in manufacturing will gradually increase.

Affected by the two major economies of the United States and China, global trade trends have subsided, and the Asian economy has also suffered greatly.

In 2019, the global machine tool is facing a severe test, and the market prosperity is not ideal.

The ASEAN countries' economy is growing stronger, and it is expected to leap into the world's fourth-largest economy in 2030. Taiwan has geographical advantages and is actively developing a south-facing economic island chain.

From January to June 2020, Vietnam's industrial production index increased by 2.71% compared to the same period last year (2019).

Japan is the third country in the world to establish a machine tool industry and realize industrialization after the United States and Germany.

How to choose the rise of India's manufacturing industry and whether it can accelerate its growth will determine whether Taiwan's machine tool industry can find a new blue ocean in South Asia as expected.

2020 is a year of global economic challenges. The United States has the worst epidemic in the world, ethnic conflicts, and political turmoil, but US stocks have soared. After the epidemic and ethnic conflicts, when and how will the US economy restart?

According to the International Economic Forecasting Agency, the global economic growth of this year (2020) is almost the same as the growth rate of 2019. However, the impact of the covid-19 may affect the economy of various countries in the short term and even impact the industrial supply chain. The current situation of the international economy and explain the possible influence factors of the recent development of the North American market, including the US-Canada-Mexico Agreement, the US-Japan Agreement, the US-China trade war, etc., and then the development of the supply chain changes explore the outlook for the North American market.

Japan is one of the leading countries in the machinery industry, with superb machinery manufacturing technology, and the output value of the machinery industry accounts for about half of Japan's overall manufacturing industry.

The U.S. government intends to impose taxes on American companies producing overseas, which should be moved back to the U.S. for domestic manufacturing.

Six trends are shaping the global chemical industry. While they spell uncertainty in the global context, they could open near-term opportunities in India.