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China, US businesses

Tariffs hit home for small US businesses that rely on Chinese imports

Chinese manufacturers are widely considered to be more flexible than their American counterparts, accepting smaller orders and more product customisations. Economic uncertainty surrounding tariffs has considerably worsened the economic outlook across the country,

The Associated Press on MSN · 22h

’Nowhere to turn’: Small businesses dependent on imports from China are feeling more desperate

Major orders canceled. Containers of products left stranded overseas. No roadmap for what comes next. The Trump administration raised tariffs on goods from China to 145% in early April. Since then, small business owners who depend on imports from China to survive have become increasingly desperate as they eye dwindling inventory

KCCI Des Moines · 9h

'Pandemic-level crises': Small businesses dependent on imports from China are feeling tariff pinch

We are seeing pandemic-level crises right now,” Rutherford said. “The uncertainty is real. We don’t know how to plan right now. Every day is new.”

China, Bessent and tariff

Fox Business on MSN · 18h

US tariffs could cost China 5–10 million jobs, 'onus' on Beijing, Bessent says

The administration later walked back its initial proposal, and announced April 9 it would immediately hike tariffs on Chinese goods to 145%, but scale back reciprocal tariffs on other countries for 90 days to a baseline of 10%. In response, China proceeded to boost its tariffs on U.S. goods to 125%.

USA TODAY on MSN · 6h

'China probably will eat those tariffs': Trump dismisses tariff costs in ABC interview

"You don't know whether or not China's going to eat it," Trump said of the potential for tariffs on Chinese goods to increase consumer prices.

Wall Street Journal · 18h

Treasury Secretary Bessent Says ‘Onus’ on China to Reduce Tariffs

Treasury Secretary Scott Bessent declined to say whether the U.S. and China are in direct communication and whether President Trump has been in touch with President Xi.

Trump tariffs expose US weak flank in services

Roll Call on MSN · 14h

Trump to give carmakers tariff break on vehicles finished in US

The administration will allow car makers that finish their products in the US an offset to recover part of the levy on imported parts.

BBC · 15h

Trump set to ease tariff impact on US car makers

US President Donald Trump is set to take action to ease the impact of new tariffs on the auto industry, which had sparked warnings about higher prices and the potential for significant hits to sales and production.

Reuters · 22h

Breakingviews: Trump tariffs expose US weak flank in services

If an angry trading partner wanted to go for U.S. President Donald Trump’s jugular, its head of state might make a speech something like this: “My fellow citizens, for years our nation has been looted and pillaged by American banks,

Trump doubles down on China tariffs

Bloomberg on MSN · 2h

Shein, Temu Prices Show Trump China Tariffs Hitting US Shoppers

Donald Trump says China will likely bear the brunt of his 145% tariff on the world’s second-largest economy. But prices from some of the most popular sellers of made-in-China goods already suggest US shoppers will be paying a major portion of the bill.

MarketWatch · 1d

China Holding Fire on Stimulus Despite Tariff Hits

President Trump has paused some tariffs on other countries and announced exemptions for some products, and a softened tone on China recently has raised some hopes that a trade deal with Beijing could be struck.

ABC News on MSN · 12h

Trump doubles down on China tariffs: 'They deserve it'

President Donald Trump told ABC News’ Terry Moran in an exclusive interview that China is “ripping us off like nobody's ever ripped us off."

China, Tariffs

The Financial Times · 7h

China’s manufacturing activity contracts as tariffs take effect

The data covers a period in which a trade war between the US and China escalated dramatically, with tariffs now well over 100 per cent in both directions. China’s official PMI manufacturing gauge had expanded in February and March.

ABC News on MSN · 12h

Trump doubles down on China tariffs: 'They deserve it'

President Donald Trump told ABC News’ Terry Moran in an exclusive interview that China is “ripping us off like nobody's ever ripped us off."

Daily Post Nigeria on MSN · 1d

Tariffs: We’re on right side of history in trade standoff with US – China

China on Monday said it was on the right side of history in its gruelling trade war with the United States. Recall that the US President Donald Trump, since returning to the presidency in January, has imposed 10 per cent tariffs on most US trading partners and a separate 145 per cent levy on many products from China.

4hon MSN

Stockpiling ahead of tariffs likely hurt US economy in the first quarter

The U.S. economy likely stalled or even contracted in the first quarter, swamped by a deluge of imported goods by businesses ...

17hon MSN

China caves on 125% tariff for major US export after White House predicts Beijing can't keep up

China caved on one of its major 125% tariffs against ethane imports from the U.S. on Tuesday, having initially imposed the ...

Why the EU is prepping retaliation tariffs even as it negotiates with the US

Context: US President Donald Trump levied so-called “reciprocal” tariffs on most of the world on April 2, hitting the EU with ...

1hon MSN

Aixtron Q1 orders above last year, says US tariffs currently insignificant

German chip systems manufacturer Aixtron on Wednesday reported a 10% increase in quarterly orders and stood by its full-year ...

10hon MSN

Trump to offer automakers some relief on his 25% tariffs, after worries they could hurt US factories

The tariffs imposed by Trump were seen by some as an existential threat to the auto sector. Arthur Laffer, whom Trump gave ...

16h

Howard Lutnick confirms tariff relief for US automakers

US Secretary of Commerce Howard Lutnick has confirmed that the Trump administration is planning to provide tariff relief for ...

16h

Lutnick Says Trump's Autos Tariff Relief Aimed at Reshoring Production to US

WASHINGTON (Reuters) -U.S. President Donald Trump will sign an order giving automakers building vehicles in the U.S. relief ...

15hon MSN

Senate confirms former Sen. David Perdue as Trump's US ambassador to China amid tariff showdown

The Senate on Tuesday confirmed former Sen. David Perdue as ambassador to China, just as the U.S. and China are locked in a ...

20hon MSN

WASHINGTON (Reuters) -The U.S. trade deficit in goods widened sharply in March as imports surged, suggesting that trade ...

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