NewsUS tariffs provoke sharp industry response, while ‘China breathes sigh of relief’

February 3, 2025by 0

Warnings of recession greeted the imposition of sweeping tariffs against the US’s three biggest trading partners on Saturday.
Supply chain chiefs have called for a rethink and operators have been urged to “get planning”.
Following campaign promises, President Trump hit Canada, China, and Mexico with tariffs, prompting those neighbours to begin tit-for-tat retaliation against the US, and China threatening action through the World Trade Organisation.
Steve Lamar, CEO of the American Apparel & …

The post US tariffs provoke sharp industry response, while ‘China breathes sigh of relief’ appeared first on The Loadstar.

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