Up First from NPR

China's Counter-Tariffs; CEOs Respond to Market Uncertainty; Trump's Deportations

85 snips
Apr 12, 2025
Tensions between the U.S. and China escalate as China's sharp tariffs loom over American-made goods. Business leaders share their worries about navigating a shaky economy under these trade pressures. The podcast also delves into the legal complexities surrounding deportation policies, focusing on high-profile cases that challenge due process. With a backdrop of uncertainty, the dialogue reveals how global trade dynamics are shifting and what it means for both consumers and corporations.
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INSIGHT

Escalating Trade War

  • The U.S. and China engaged in a trade war, escalating tariffs on each other's goods.
  • These tariffs reached triple digits, impacting businesses and causing economic uncertainty.
ANECDOTE

Impact on Small Businesses

  • Nicole Zhang, a hairpin and claw clip seller in Yiwu, China, faces uncertainty due to the trade war.
  • An order from Target from February is pending, with the deposit unpaid, highlighting the widespread caution among businesses.
INSIGHT

Economic Uncertainty

  • President Trump's tariffs caused anxieties among Americans, leading to stockpiling and market volatility.
  • CEOs expressed concerns about the uncertain economic climate during earnings calls.
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