CEO's 'end of days' warning as Trump’s tariff shock on China sparks panic among US importers
Sunday, 13 April 2025 () American importers are reeling from President Trump's sudden tariff hike on Chinese goods, with some fearing devastating consequences. Companies like Learning Resources and MGA Entertainment face soaring costs, potentially leading to price increases, production cuts, and even layoffs. The unpredictable tariffs threaten supply chains and could trigger inflation, impacting US economic growth and consumer sentiment.
President Donald Trump admitted delaying tariff hikes due to market panic, saying investors were getting “afraid.” Following a $1.5 trillion stock wipeout ahead of tariff hikes, Trump froze most tariffs at 10%—except for China’s, which rose to 125%. The announcement triggered a...
Former President Donald Trump has officially ordered urgent tariff negotiations with India, Japan, and South Korea — a bold move signaling a massive shift in U.S. economic strategy. Acting South..
Donald Trump has defended his sweeping new tariffs, urging countries unhappy with U.S. trade levies to stop doing business altogether. Calling the tariffs “appropriate,” Trump brushed aside stock..
As Donald Trump hikes tariffs on Chinese goods to an unprecedented 145%, China appears to be outmaneuvering Washington through clever supply chain rerouting. Chinese exports are increasingly flowing..
Sunday, 13 April 2025 ()
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