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Disruption of supply chains because of the coronavirus, especially in China, could limit sales, depress company earnings and tip the US into a recession. If so, analysts debate whether the recovery will come in the form of a sharp decline followed by a quick rebound or a more gradual decline followed by a trough and a slow recovery. But no one seems to expect The Four Horsemen of the Apocalypse to ride into town and permanently whack the economy.

Dollar said if the Trump administration wants to cut the trade deficit, they could do it easily. "They have to raise taxes, not cut taxes," he said of the US tax cut that began effective this year, a move that economists believe will make trade deficit worse by stimulating US imports.

Despite years of drought, the government still provides clean water to citizens at heavily subsidized rates and access to groundwater is largely unregulated.

Diversity push

Didi now provides up to 30 million daily rides for over 450 million passengers, and offers flexible work opportunities for over 21 million drivers.