CUNA News
  • LOG IN
  • Create Account
  • Sign Out
  • My Account
  • LOG IN
  • Create Account
  • Sign Out
  • My Account
  • Topics
    • Community Service
    • Compliance
    • Credit Union Hero
    • Credit Union Rock Star
    • Credit Union System
    • Directors
    • Human Resources
    • Leadership
    • Lending
    • Marketing
    • Operations
    • Policy & Issues
    • Sales & Service
    • Technology
  • Credit Union Magazine
    • Buyers' Guide
    • COVID-19
    • Digital Edition
    • Credit Union Hero
    • Credit Union Rock Star
    • Subscribe
    • Advertise
    • Contact
  • Advertise
  • Awards
    • Nominate Credit Union Hero
    • Nominate Credit Union Rock Star
  • Podcasts
  • Videos
  • Contact

News

Home » CUNA economists weigh in on growing trade tensions in June economic update
Press

CUNA economists weigh in on growing trade tensions in June economic update

June 21, 2019

FOR IMMEDIATE RELEASE   

June 21, 2019

Credit Union National Association (CUNA) today released the June 2019 edition of the Economic Update, sponsored by the CUNA Finance Council. Senior Economist Jordan van Rijn provides an update about increasing trade tensions, which have been on the rise, not only with China, but now several other countries.  

“While most hope that the trade war will be short-lived, the effects could still end up being long-term: supply-chain and distribution channels can take decades to develop and some experts fear that as China turns more to Brazil and other countries—which have lower labor costs than the U.S.—they may not turn back,” van Rijn said.  

The June video also features:  

  • Economic growth figures of U.S. goods and services  
  • Recession and the yield curve inversion 
  • Global trade tensions and impact on U.S. consumers 
  • Growing tariffs and import costs  
  • Tariff impact on auto loans among credit unions  

The June 2019 CUNA Economic update is complimentarily available to all CUNA members. To watch the video and other past updates, visit cuna.org/economicupdate. 

###         

About CUNA:          

Credit Union National Association (CUNA) is the only national association that advocates on behalf of all of America’s credit unions, which are owned by 115 million consumer members. CUNA, along with its network of affiliated state credit union leagues, delivers unwavering advocacy, continuous professional growth and operational confidence to protect the best interests of all credit unions. For more information about CUNA, visit cuna.org. To find your nearest credit union, visit YourMoneyFurther.com. 

CONTACT:         

Lauren Williams        
CUNA Communications        
202-672-3396     

Tiffany Niederwerfer 

CUNA Marketing 

608-231-4284 

Credit Union Magazine: Spring 2022

Spring 2022

Credit Union Magazine’s Spring 2022 edition profiles four Credit Union Heroes and examines CUNA's advocacy priorities, the advocacy army, and financial well-being for all.
Digital Edition •  Subscribe

Trending

  • Credit unions foster financial well-being in members, survey shows

  • House passes CUNA-backed fair hiring bill

  • Final flood Q&As reflect CUNA-sought clarifications

Tweets by CUNA_News

Polls

Are you ready for CECL?

View Results
More

Champion for the Credit Union Movement

Credit Union National Association is the most influential financial services trade association and the only national association that advocates on behalf of all of America's credit unions. We work tirelessly to protect your best interests in Washington and all 50 states. We fuel your professional growth at every level and champion the credit union story at every turn.

More CUNA

  • Membership
  • Contact Us
  • Careers

Resources for

  • Credit Union Advocates
  • Leagues
  • Press
  • Providers

Our Affiliates

  • American Association of Credit Union Leagues (AACUL)
  • Credit Union Awareness
  • Credit Union House
  • CUNA Strategic Services
  • National Credit Union Foundation
GET CUNA UPDATES
© 2022 Credit Union National Association | ADA Compliance Notice & Legal
Email Us