• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
Trump Says Tariffs on China May Not Significantly Affect U.S. Consumers

Trump Says Tariffs on China May Not Significantly Affect U.S. Consumers

04/30/2025
Ghana Investment & Trade Week 2026 Set to Deliver Next-Level Investment and Trade Partnerships in West Africa

Ghana Investment & Trade Week 2026 Set to Deliver Next-Level Investment and Trade Partnerships in West Africa

03/05/2026
Central Asian Firms Strengthen Compliance Amid Rising Global Sanctions

Central Asian Firms Strengthen Compliance Amid Rising Global Sanctions

03/02/2026
EFTA–Singapore Digital Economy Agreement Enters into Force for Singapore and Norway

EFTA–Singapore Digital Economy Agreement Enters into Force for Singapore and Norway

03/02/2026
China Warns of National Security Risks From Third-Party Data Hosting After Overseas Cyberattack

China Warns of National Security Risks From Third-Party Data Hosting After Overseas Cyberattack

03/02/2026
India and Israel Agree to Expand Trade, Investment and Technology Cooperation

India and Israel Agree to Expand Trade, Investment and Technology Cooperation

03/02/2026
Oil Prices Surge Amid Middle East Disruptions

Oil Prices Surge Amid Middle East Disruptions

03/02/2026
UNR Med Integrates Artificial Intelligence into Medical Education

UNR Med Integrates Artificial Intelligence into Medical Education

02/27/2026
Argentina and Uruguay Ratify Mercosur–EU Trade Deal

Argentina and Uruguay Ratify Mercosur–EU Trade Deal

02/27/2026
Gartner Report Examines Agentic AI’s Impact on Supply Chain Roles

Gartner Report Examines Agentic AI’s Impact on Supply Chain Roles

02/27/2026
Ecuador Raises Tariffs on Colombian Imports to 50%

Ecuador Raises Tariffs on Colombian Imports to 50%

02/27/2026
Court Deadline Looms on Tariff Refunds

Court Deadline Looms on Tariff Refunds

02/27/2026
U.S. Plans Tariff Hike to 15% for Certain Nations, Raising Supply Chain Implications

U.S. Plans Tariff Hike to 15% for Certain Nations, Raising Supply Chain Implications

02/26/2026
supplychainreport
Thursday, March 12, 2026
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

Trump Says Tariffs on China May Not Significantly Affect U.S. Consumers

by Daisy Mae D.
04/30/2025
in Tariffs & Duties

Former President Donald Trump stated this week that recently imposed tariffs on Chinese exports are justified and may not lead to major price increases for American consumers. In an interview with ABC News, Trump suggested that China may absorb the cost of the tariffs rather than pass them on to U.S. buyers.

“You don’t know whether or not China’s going to eat it. China probably will eat those tariffs,” Trump said, while arguing that the trade imbalance needed to be addressed.

YOU MAY ALSO LIKE

Ecuador Raises Tariffs on Colombian Imports to 50%

Court Deadline Looms on Tariff Refunds

The remarks follow recent indications from the administration that it is open to future trade discussions with Chinese officials. The tariffs, some of which are as high as 145%, have already influenced pricing strategies among Chinese retailers.

For example, Temu, a Chinese retail platform popular for low-cost goods, has begun passing the added costs on to American consumers. Fast-fashion company Shein has also increased prices for some U.S. items in anticipation of additional import levies, with certain health and beauty products rising by more than 50%.

Reports from the Wall Street Journal indicate that the U.S. may be open to phasing in lighter tariffs over a five-year period. Trump has stated that he is willing to consider scaling back the tariffs if progress is made in trade talks.

Treasury Secretary Scott Bessent commented earlier that the current tariffs could impact employment in China but did not disclose whether any specific negotiations are currently taking place.

Trump emphasized that his tariff approach is part of a broader strategy to reduce trade deficits and support U.S. manufacturing. “I said all of these things during my campaign,” he noted. “You’re gonna have a transition period.”

#SupplyChainNews #TradePolicyUpdate #TariffsAndDuties #USChinaTrade #EconomicImpact

ShareTweet

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.