Tag: #Tariff War

Tariffs bite: US pet owners to see significant impact from duties, industry insider says

Zhang Yiyi April 25, 2025

Tariffs bite: US pet owners to see significant impact from duties, industry insider says

Many US businesses and consumers reportedly have already felt negative impact from the US' sweeping tariffs due to rising prices and supply issues of various consumer products. Yet, the negative impact goes far beyond this - US pet owners could soon see significant challenges in buying food and...More

GT Voice: Will fallout from US tariffs affect risk assessment of dollar assets?

Left Review Online April 20, 2025

GT Voice: Will fallout from US tariffs affect risk assessment of dollar assets?

A recent CNBC article spotlighted growing concern among investors regarding a potential exodus from US assets, as both US Treasury debt and the dollar experience a downturn. The April sell-off in financial markets has been wider and more volatile than typical pullbacks, fueling concern that the aggressive and...More

Trump’s ‘Tariff War’ backfires on US factories

Chi Jingyi and Zhang Dan for Global Times December 10, 2019

Trump’s ‘Tariff War’ backfires on US factories

Beijing. The US purchasing manufacturer's index (PMI) declined in November and came in below expectations, while the PMIs of China and the EU rose. Analysts said the figures show that the US is lying in the bed it made when it comes to the impact on trade wars...More