President Donald Trump’s renewed trade war with China has led to steep tariffs, US duties reached 145%, while China retaliated with 125%, News24 reports. A recent temporary agreement has lowered these to 30% and 10%, respectively, offering only brief relief for struggling US businesses. Small companies, like Glo, which manufactures toys in China, say the short-term pause is not enough to offset long production and shipping cycles. Experts warn that the remaining tariffs still severely impact pricing, inventory flow, and consumer costs, especially during peak retail seasons. Many businesses are now considering shifting focus to international markets to survive. Without a lasting trade agreement, uncertainty continues to stifle investment and planning.
Poll Question: How should small US companies respond to the ongoing trade tensions with China?
