How the 145% Tariff Shock is Shaking U.S. Ports and Businesses
Introduction: The U.S. government’s aggressive tariff policies continue to ripple through the economy, with the first shipment of goods subject to a 145% tariff now arriving in American ports. The impact is being felt across key ports, with a notable slowdown in cargo activity, rising unemployment concerns, and escalating consumer prices. U.S. Ports Witness a […]
Trump Signals Sharp Reduction in Tariffs on China Amid Industry Pressure and Supply Chain Concerns
On April 22, U.S. President Donald Trump announced a major shift in tariff policy, signaling that the current high tariffs on Chinese goods—up to 145%—will be “substantially reduced.” “145% is very high. It won’t be that high… it will go down significantly, but it won’t be zero,” Trump said in the Oval Office. He added: […]
