#TarriffsPause

🇨🇳 Trump’s China Tariffs Could Trigger US Supply Shock

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President Trump’s steep 145% tariffs on Chinese goods, announced in April, may soon cause major disruptions in the U.S. economy.

Key Developments:

Shipments from China to the U.S. have dropped by up to 60%.

Big retailers like Walmart and Target warn of empty shelves and higher prices by summer.

Economists expect U.S. imports to fall 7% in the second quarter — the biggest drop since the pandemic.

Fewer containers are being booked from China, raising the risk of shortages and price hikes if trade picks up again.

Impact on Businesses:

Holiday product shipments are delayed, threatening back-to-school and Christmas shopping seasons.

Toy companies and other suppliers say ongoing tariffs could lead to order cancellations and job losses.

Prices on Chinese-made goods may double, putting more pressure on inflation.

Outlook:

Economists say there's about a 50% chance of a U.S. recession.

Retailers and shipping companies expect major disruptions, even if tariffs are lifted soon.

Recovery will be slow and difficult, due to reduced shipping capacity and strained supply chains.

The longer the trade dispute continues, the more it will hurt American businesses, consumers, and jobs. Quick action may be needed to prevent long-term damage.

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