Global trade is falling fast 👀 pic.twitter.com/gsWsErePhm
— Markets & Mayhem (@Mayhem4Markets) April 17, 2025
let me repeat again, inflation won’t hit US because of #tariffs charged on import but because of supply chain disruptions similar to Covid – as soon as shelves will start to be empty again people will understand the meaning of these words https://t.co/YCj7yMETjt
— JustDario 🏊♂️ (@DarioCpx) April 17, 2025
I got hit with my first 20% tariff out of China (shipped before that jumped to 145%). I included the bill from CBP below.
It is called a CN/HK EO 20% Duty.
The product isn't worth selling with a 145% tariff so, despite selling over $1mn of this SKU in my tiny ecom business… pic.twitter.com/VcAs2pz2C6
— Aaron Rubin (@aaronrubin) April 16, 2025
"Companies in the EU are starting to look for ways ot ditch Amazon, $AMZN, Google, $GOOGL, and Microsoft, $MSFT, cloud services amid fears of rising security risks from the US," per WIRED.
— unusual_whales (@unusual_whales) April 17, 2025
As we saw during Covid, China is a single point of failure for global supply chains. Without a catalyst, companies won't change their supply chains because CEOs and boards are on short term incentive plans. Trump is making this a non negotiable factor for all companies, so no CEO…
— Tony Nash (@TonyNashNerd) April 17, 2025
WASHINGTON (AP) — From an ice cream parlor in California to a medical supply business in North Carolina to a T-shirt vendor outside Detroit, U.S. businesses are bracing to take a hit from the taxes President Donald Trump imposed Saturday on imports from Canada, Mexico and China — America’s three biggest trading partners.
The levies of 25% on Canadian and Mexican and 10% on Chinese goods will take effect Tuesday. Canadian energy, including oil, natural gas and electricity, will be taxed at a lower 10% rate.
Mexico’s president immediately ordered retaliatory tariffs and Canada’s prime minister said the country would put matching 25% tariffs on up to $155 billion in U.S. imports.