
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.
My Global News: Voices of a New Era
🌍 Stay Ahead, Stay Global 🚀
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.
US retail, auto and tech giants warn of profit shocks as tariffs drive up costs – Apple sees $900M hit, GM up to $5B at risk amid trade tensions.
Amid US tariffs, Ningbo port in China’s east leverages tech and entrepreneurship to keep global trade flowing, showcasing resilience in challenging times.
After a 2025 U.S. tariff surge, farmers and allies reel as partners hedge. Meanwhile, the Chinese mainland builds bridges with least-developed nations and blocs.
China’s Foreign Ministry denies any recent phone call between President Xi Jinping and U.S. President Donald Trump, underscoring stalled talks on tariffs and trade amid scrutiny.
China pushes back against US reciprocal tariffs tied to the fentanyl issue, deploying swift countermeasures to defend its interests and reshape global trade dynamics.
China’s latest CPC Political Bureau meeting reassures global markets with proactive fiscal and monetary policies, support for businesses and workers, and a roadmap for service-driven growth.
Beijing denies holding tariff negotiations with the U.S., calling the trade dispute a knot to be untied by its instigator.
The IMF has cut Europe’s growth forecast to 0.8% in 2025 and 1.2% in 2026, warning that trade tensions and tighter financial conditions pose risks to the global economy.
Rising U.S. tariffs are driving up costs for manufacturers and retailers, suppressing demand and profits, while countermeasures hit agriculture, threatening jobs and growth.