Trump’s tariff rattles US importers; Woldenberg’s CEO calls it 'end of days'
Saturday, 12 April 2025 () US businesses are reeling from former President Trump's unprecedented 145% tariffs on Chinese imports, implemented in retaliation for alleged unfair trade practices. Companies like Learning Resources face massive tariff bills, potentially crippling their operations, while others scramble to find alternative manufacturing locations. The unpredictable policy is causing widespread uncertainty and could significantly impact US GDP growth and inflation.
Goldman Sachs has raised the odds of a major US and global recession, warning that President Trump’s new tariffs could trigger a sharp economic downturn. Amid rising market panic and tightening..
Trump’s Shocking Tariff Move. Trump has announced a shocking 25% tariff on all countries importing oil and gas from Venezuela, set to take effect on April 2. Trump justified the move by accusing..
Trump has announced a 25% tariff increase on Canadian steel and aluminum, escalating trade tensions between Washington and Ottawa. The decision comes just days after Canadian Prime Minister Mark Carney..
American importers are reeling from President Trump's sudden tariff hike on Chinese goods, with some fearing devastating consequences. Companies like Learning... IndiaTimes
Rick Woldenberg thought he had come up with a sure-fire plan to protect his Chicago-area educational toy company from President Donald Trump’s massive new... Upworthy