
No Christmas for Americans? Yiwu Traders Warn of Supply Crunch
Yiwu traders in the Chinese mainland warn that new US tariffs could disrupt holiday goods imports, risking a Christmas supply crunch stateside and reshaping global holiday retail.
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Yiwu traders in the Chinese mainland warn that new US tariffs could disrupt holiday goods imports, risking a Christmas supply crunch stateside and reshaping global holiday retail.
The US has ended duty-free treatment for imports under $800 from the Chinese mainland and the Hong Kong SAR, sparking price hikes, customs delays and supply chain shake-ups.
Italian winemakers warn that President Trump’s 20% tariff could slash €323M from revenues and drive up US wine prices.
At Berkshire Hathaway’s meeting, Warren Buffett warns against using trade as a weapon and highlights global cooperation as Q1 profits drop 14%.
Temu removed a large number of Chinese goods from its US site as low-value tariff waivers expired, shrinking choices and signaling higher prices ahead.
The US ended duty-free imports for packages under $800 from the Chinese mainland and Hong Kong SAR, raising costs for online shoppers and small businesses.
President Trump’s new tariffs threaten to hike U.S. consumer prices on clothing, leather goods, and pharmaceuticals, raising alarms among small businesses over recession risks.
Seventy-six U.S. footwear brands, led by the FDRA, have urged President Trump to exempt shoes from steep tariffs, warning of price spikes and business closures.
As U.S. tariffs aim to freeze the global economic race, China ramps up Belt and Road connectivity to keep doors open for latecomers and uphold a dynamic trading system.
Explore how tariffs reshape industries from Spanish wineries to factories in the Chinese mainland, driving up costs and disrupting global supply chains.