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Trump's Tariffs Explained as the 90-Day Pause Set to End Next Week
- The 2024 tariff pause ended on July 8, with trade talks resuming and some countries, including China, the UK, and Vietnam, reaching agreements amid ongoing uncertainty.
- Analysis shows tariffs on Chinese toys at 30% until mid-August, peaking at 145%, with 75% of U.S. toys made in China.
- As tariffs push prices higher, families buy fewer toys, retailers focus on bestsellers, shifting to lower-cost items.
- With the upcoming July 8 tariff pause end, analysts warn of continued policy uncertainty and potential cost increases across industries, including toys and automotive.
33 Articles
33 Articles
'It's all fake': Trump aide says the quiet part out loud about this 'theatrical' policy
In April, President Donald Trump promised 90 trade deals in 90 days after he rolled out his so-called "Liberation Day" tariffs. But even though Trump has only secured one agreement so far (a tentative framework with the United Kingdom) with that 90-day window closing next week, he's shown no signs of concern.One unnamed White House aide recently confided to Politico that Trump views international trade more as gamesmanship rather than an earnest…
CGTN poll on U.S. 'reciprocal tariff' policy
As the July 9 deadline approaches for the expiration of the United States' temporary suspension of "reciprocal tariffs," relevant countries are engaged in painstaking negotiations with the United States. Please answer these questions and share your
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- 46% of the sources lean Left
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