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Trump's break to China tariffs still a “nightmare” for small companies

Trump's break to China tariffs still a “nightmare” for small companies

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The move of the Trump management, the tariffs for goods from China to 30% of 120%, still offers limited exhaustion for US small companies that are careful because the tariffs are still heavenly according to historical level and also put profit under pressure.

Small businesses remain careful: existing orders can be shipped from China within the 90-day window, but it is not enough time to get new orders.

“Small companies that import from China are still being beaten,” said Heidi Crebo-Rediker, Senior Fellow on Council on Foreign Relations and former official of the Ministry of Foreign Affairs. “This is still a big nightmare to navigate,” she added, according to Bloomberg.

On Monday, an executive order of the White House lowered the “de Minimis” tariff for China programs to 54% from 120% with a flat fee of $ 100.

It served as the youngest in a broad thawing of the tensions between the USA and China, after the two powers made the most tariffs during the break for 90 days and sent markets according to euphoria.

“The consensus from both delegations this weekend is not a page that has a decoupling,” said US Finance Minister Scott Bessent on Monday. “And what had happened to these very high tariffs … was the equivalent of an embargo, and none of the side wants that. We want trading.”

It was also reported on Tuesday that China had lifted its ban on Boeing (BA).

In the meantime, the visit of President Trump has opened the Middle East to Saudi Arabia and the United Arab Emirates to drive their AI ambitions forward, with large technology companies such as NVIDIA (NVDA) and Advanced Micro Devices (AMD) to be stopped for the delivery of advanced chips.

Despite these businesses, the world's largest contract electronics manufacturer Foxconn (Hnhaf, 2317.Tw) downgraded its prospects for the entire year due to tariff uncertainty.

The broader optimism for a comprehensive change in the US policy rose last week when Trump announced a trade agreement with Great Britain, the first one for his administration – then held – “mutual” tariffs against all trading partners in early April.

In the meantime, the US negotiations with the British neighbors in the EU have accepted a different tone, with the EU unveiling a list of US products on Thursday, which will decrease with tariffs in the trade negotiations.

Here are the latest updates because the guideline all over the world canceled.

LIVE 877 updates

  • What you should look for for the China deal

    The high -ranking reporter of Yahoo Finance, Hamza Shaban, looks at the glow of the tariff maker between the USA and China on Wednesday morning. It's a break for 90 days, but what should you apply to the moment – for the time being, both sides seem to be lifted up.

    Read more here.

  • Jenny McCall

    Trump's break to China tariffs is still a “big nightmare” for small companies

    Bloomberg News reports:

    Read more here.

  • Jenny McCall

    Sony sees a tariff of 700 million US dollars for the overwhelming outlook

    The entertainment company Sony (Sony) has burdened the burden on the US tariffs and wiped out the expectations of an increase in the group's operating profit.

    Bloomberg News reports:

    Read more here.

  • NVIDIA supplier Foxconn can reduce the prospects based on tariff uncertainty

    Reuters reports:

    Read more here.

  • Jenny McCall

    Why Nvidia is the tech winner of the US China tariff armistice

    Analysts see a clear winner when it comes to loosening the trade relationships between the USA and China. Madison Mills from Yahoo Finance examines why the Big Tech -Riese Nvidia (NVDA) now, when trading between two of the largest economies in the world, could be relieved.

  • Jenny McCall

    US soybean exports can fall by 20% without China deal

    The US -soybean exports can drop by 20%, and the prices paid to farmers will fall if the United States and China do not achieve trade agreements that have limited the US soybeans from their largest market, according to Agribuisness Consultants, Agresource on Wednesday.

    Reuters reports:

    Read more here.

  • Car dealers protect buyers of tariff price hikes in April

    Today's report of the consumer price index (CPI) showed that in April in the previous month, car prices despite the 25% tariffs for foreign cars that started on April 3. were unchanged.

    Car buyers may have dealers who can thank you for not increasing the sticker price for a new wheels.

    The Pras Subramanian from Yahoo Finance reports:

    Read more here.

  • Jenny McCall

    China's XI Jinping plays Panama against us across the channel

    Xi Jinping has supported Panama against the pressure of the United States through control over its ports and promises more with Latin America, since China promotes efforts to expand the influence in the back yard.

    Ft reports:

    Read more here.

  • Jenny McCall

    Us Bentley buyer delay the purchases according to the British trade agreement, warns Boss

    The FT reports:

    Read more here.

  • Blackrock CEO: Investors are sitting in cash while waiting for the “Balance” tariff

    Financial manager who travel to Saudi Arabia with President Trump found that investors may be waiting for more trading security before returning to private markets.

    David Hollerith from Yahoo Finance reports:

    Read more here.

  • Jenny McCall

    The United States confirms that 10% universal tariffs will remain for imports

    The United States has confirmed that the 10% universal tariff for imported goods will initially remain in place. The sales representative Jamieson Greer said that the talks with countries such as China, Great Britain and Switzerland take place to relieve some of the additional tariffs of the Trump era.

    Reuters reports:

    Read more here.

  • China's adaptation to the US tariff prices begins on May 14th

    China's Ministry of Finance said his 90-day break to retaliation for US goods will start on Wednesday, May 14th, at 12:01 p.m.

    Reuters reports that the ministry will reduce the 34% tasks for US imports to 10%. These tasks were first implemented on April 4 in response to the “Liberation Day” tariff program by President Trump.

    The Ministry also said that it would cancel the additional 91% interest rate in two later measures.

    “The significant reduction in bilateral tariffs between China and the United States matches the expectations of producers and consumers in both countries and is beneficial to the exchange of economic and trade between China and the USA and the global economy,” says a statement.

    Read more here.

  • Consumer prices are increasing less than expected in April in the middle of tariffs

    Josh Schafer from Yahoo Finance reports:

    Read more here.

  • The 1977 law, which Trump uses to justify tariffs – and the court battle to stop it

    Alexis Keenan from Yahoo Finance reports:

    Read more here.

  • Consumer inflation report to consider the first influence of tariffs

    Josh Schafer from Yahoo Finance reports:

    The April Consumer Price Index (CPI) is expected to have the first clear signs of inflationary effects of President Trump's tariffs.

    The report, which was published on Tuesday at 8:30 a.m. ET, will welcome investors to the news less than 24 hours after the markets increased.

    “We assume that the first signs of tariff inflation in April -CPI will appear on Tuesday,” wrote UBS -Chef economist Jonathan Pingle on Monday in a note to customers. …

    In the CPI report, the annual headline annual inflation is forecast in April at 2.4%, which corresponds to the increase in March in March. In the month against the month, prices rise to 0.3%, above the decline of 0.1%observed in March.

    The CPI is expected to increase by 2.8% in April on “Core” base, which causes the more volatile food and energy costs last year, which has unchanged the month before when core inflation has reached the lowest level in four years. In the meantime, monthly core price increases are expected by 0.3% before increasing 0.1% in March.

    While there will be signs of inflation in connection with tariffs in the report on Tuesday, economists argue that the full main load of the effects of the new guidelines on inflation will probably not be visible for several months.

    Read more here.

  • Jenny McCall

    Chinese rare earth companies ask for official clarity about US exports

    Bloomberg News reports:

    Read more here.

  • Jenny McCall

    Honda and Nissan fight in the middle of the US tariffs

    Honda (HMC) has a profit of 3 billion US dollars due to US tariffs and reduces its profit forecast for the coming year. The company also deals with slow growth of electric vehicles and makes future projections difficult.

    In a similar situation, Nissan (NSANY) lowers 15% of his workforce, about 20,000 jobs and reduces its plants from 17 to 10. This is done according to a significant loss in the past financial year, which has been tightened by the US tariffs.

    Both car manufacturers are under pressure of rising costs and weak sales, whereby Honda is considering that the US production and Nissan concentrate on cost reductions in order to regain profitability.

    The effects of the tariffs are widespread, whereby GM (GM), Ford (F) and Toyota (TM, 7203.T) also report profits. Both companies create their strategies to cope with the ongoing trade challenges.

  • Jenny McCall

    US tariff “de Minimis” on China programs to 54% from 120%

    President Donald Trump has reduced the tariff to small packages that were sent from the Chinese mainland and Hong Kong to the USA after an agreement between the two largest economies in the world lowered the other tariffs for 90 days.

    The tariff for packages worth up to 800 US dollars was reduced from 120% to 54%, according to a statement by the White House.

    On Monday, an executive order of the White House states that the United States would reduce the “de Minimis” tariff at China deliveries from 120% to 54%, whereby a package fee of $ 100 from May 14th.

    “I also think it is necessary and appropriate: (a) reduction of the ad -valorem service … from 120 to 54%,” said President Trump in the statement.

  • Jenny McCall

    India is preparing for the first retaliation against Trump's tariffs

    According to a document that was submitted to the World Trade Organization (WTO), India is following whether the import duties for certain US products are to be hit on steel and aluminum in response to Washington.

    Reuters reports:

    Read more here.

  • Jenny McCall

    China Lifts Boeing Delivery ban in the middle of tariff ceasefire: report

    China has lifted its restrictions on airlines that Boeing (BA) -Feres received, Bloomberg News reported on Tuesday, citing sources with knowledge of the situation.

    Reuters reports:

    Read more here.

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