Wake Up to Money Trump extends China trade truce
12 snips
Aug 12, 2025 Joining the discussion are Nicola Downing, a savvy business leader with deep tech roots, and Beth Beneke, the innovative founder behind a popular baby product company. They dive into the recent extension of the US-China trade truce, unpacking its implications for American businesses. Beth shares firsthand challenges her company faces from tariffs, highlighting the complexities of compliance and rising costs. Meanwhile, they explore the impact of geopolitical shifts on economies and how the evolving landscape forces businesses to adapt and strategize.
AI Snips
Chapters
Transcript
Episode notes
Trade Truce Buys Negotiating Time
- Trump extended the US–China tariff deadline by 90 days to avoid immediate escalation.
- Randeep Somal says the administration is conceding China is too important to bully.
Small Business Forced To Pivot Markets
- Beth Beneke says tariff uncertainty prevents reliable pricing and inventory planning with major US retailers.
- She is pivoting to sell outside the US and investing in compliance to reach new markets.
Tariffs Raise Baby Essentials And Risks
- Beth Beneke reports baby product prices rose about 16% and essentials rose even more.
- Parents increasingly buy secondhand items, creating safety risks for car seats and other gear.