US EditionTrump’s tariffs loom over the economy as shipments from China fall
- In early April 2025, President Donald Trump imposed expansive tariffs, including a 145% duty on goods from China, disrupting U.S. Imports and shipments.
- The tariffs escalated a trade war between the U.S. And China, causing widespread cancellations of orders and postponements of expansion plans by American businesses.
- Ocean container bookings from China to the U.S. Dropped by 60%, and major ports like Los Angeles expect a 35% decline in arrivals as shipments out of China halt.
- Economists warn that the tariffs contribute to rising costs and potential shortages, with a 90% chance of recession by summer if tariffs persist, and consumer confidence falling sharply.
- These disruptions suggest a possible economic slowdown with higher prices and emptier shelves soon, pressuring policymakers to consider deescalation and tariff reductions.
50 Articles
50 Articles
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Trump’s tariffs loom over the economy as shipments from China fall - WSVN 7News | Miami News, Weather, Sports
WASHINGTON (AP) — American businesses are cancelling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next. The president’s massive and unpredictable taxes on imports seem likely to mean emptier shelves and higher prices for American shoppers, perhaps within weeks. And the higher costs and paralyzing uncertainty could exact an economic toll: U.S. co…
Trump’s Tariffs Loom Over The Economy As Shipments From China Fall
American businesses are cancelling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next. The president’s massive and unpredictable taxes on imports seem likely to mean emptier shelves and higher prices for American shoppers, perhaps within weeks. And the higher costs and paralyzing uncertainty could exact an economic toll: U.S. consumers are in the…
The Virginian Pilot
Trump’s tariffs loom over the economy as shipments from China fall
By PAUL WISEMAN, ANNE D’INNOCENZIO and CHRISTOPHER RUGABER, Associated Press Business Writers WASHINGTON (AP) — American businesses are cancelling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next. The president’s massive and unpredictable taxes on imports seem likely to mean emptier shelves and higher prices for American shoppers, perhaps withi…
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