Tag: global supply chains

On April 2, 2025, President Donald Trump announced a sweeping overhaul of U.S. trade policy, introducing a baseline 10% tariff on all imports and significantly higher rates for certain countries, notably China. This move, termed "Liberation Day" by the administration, aimed to address longstanding trade imbalances and protect domestic industries. The immediate aftermath saw global markets plunge, with the S&P 500 experiencing its worst single-day decline since the 2020 pandemic-induced crash . However, a subsequent 90-day tariff pause, announced on April 9, led to a market rebound, highlighting the volatility and uncertainty surrounding the administration's trade strategies.

Introduction In the May 2025 issue of National Review, the editorial board presents a thematic exploration titled "Trade-Offs," delving into the complexities and consequences of...

U.S.-China Tariff Reduction: On May 12, 2025, the United States and China announced a significant, albeit temporary, reduction in tariffs, marking a notable de-escalation in their ongoing trade conflict. The agreement entails the U.S. lowering tariffs on Chinese goods from 145% to 30%, while China reduces its tariffs on U.S. goods from 125% to 10%, effective for a 90-day period starting May 14, 2025 . This development follows a series of tit-for-tat tariff increases that have strained bilateral relations and disrupted global supply chains.

In April 2025, the United States and China agreed to a 90-day reduction in tariffs, lowering U.S. duties on Chinese imports from 145% to 30% and China's tariffs on U.S. goods from 125% to 10%. This temporary tariff relief prompted U.S. companies to expedite shipments from China, aiming to capitalize on the reduced tariffs before potential increases resume. The trade tensions, rooted in concerns over trade imbalances and national security, have significant implications for global supply chains and economic stability.

On May 12, 2025, the United States and China announced a significant de-escalation in their ongoing trade conflict. In a surprising turn of events, both the U.S. and China Slash Tariffs in 90-day Truce, reducing reciprocal tariffs that had previously reached unprecedented levels. The U.S. lowered tariffs on Chinese goods from a peak of 145% to 30%, while China reduced its tariffs on U.S. imports from 125% to 10%. This agreement, reached during negotiations in Geneva, aims to provide temporary relief to global markets and businesses affected by the prolonged trade war .

Introduction In May 2025, the U.S. and China announced a tentative agreement aimed at de-escalating the ongoing trade war, which has seen both nations impose...