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Amazon sellers are reeling amid Trump's 125% tariffs on Chinese goods, telling CNBC they will need to raise prices and could go out of business. Up to 70% of goods on Amazon are imported from China. Seven of the eight U.S.-based Amazon sellers CNBC talked to said that manufacturing in the U.S. isn't financially possible, despite tariffs. One positive: Trump did close a loophole that was helping direct-from-China sellers on Temu and Shein undercut U.S. seller prices. The "de minimis" exemption that allowed goods under $800 to avoid all taxes and duties will end on May 2.
Update: On April 10, 2025, the White House clarified to CNBC that tariffs on imports from China now effectively total 145%.
Chapters:
0:00 Introduction
1:40 Trump tariffs and price hikes
5:10 China made, U.S. based
8:01 Reviving U.S. manufacturing?
11:24 Ending de minimis
Produced and shot by: Katie Tarasov
Edited by: Matthew Soto
Senior Director of Video: Jeniece Pettitt
Animation: Jason Reginato, Mallory Brangan
Additional Footage: Amazon, Basic Fun, Genius Games, Getty Images, Portable Winch, Teamson, Vyper Industrial, Zest
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How Trump’s China Tariffs Could Shutter Amazon Sellers In The U.S.
Prime Minister Narendra Modi left for Denmark for the second leg of his three-nation Europe trip after concluding his Germany visit. Stay connected for more updates.
Prime Minister Narendra Modi held a bilateral meeting with Prime Minister Mette Frederiksen of Denmark. Both the Prime Ministers reviewed progress of the India-Denmark Green Strategic Partnership. Discussions covered cooperation in renewable energy, especially offshore wind energy and green hydrogen, as well as skill development, health, shipping, water and the Arctic, among others.
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President Trump says reciprocal tariffs will kick in on April 2, meaning the U.S. will match the higher tariff rates other countries impose on the U.S. Trump is banking on the scale of these reciprocal tariffs to reduce the U.S. trade deficit, but many economists worry the slew of tariffs will worsen inflation and lead the U.S. economy into a recession.
WSJ explains why economists believe this strategy will end up hurting U.S. consumers.
Chapters:
0:00 Trump’s reciprocal tariffs
0:25 How reciprocal tariffs hurt consumers
0:52 “Fairness” in trade policy
1:48 Why a trade deficit may not be bad
3:47 Risks of reciprocal tariffs
4:55 What’s next?
News Explainers
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.
#Trump #Economy #WSJ
China has announced it will impose additional tariffs on US goods, taking the total to 84%.
The increase will be imposed from 10 April, the foreign ministry said.
It comes after the US hit Beijing with an extra 50% tariff this week.
Those followed two previous levies of 34% and 20%, meaning US tariffs on China reached 104% from this morning.
Read more: https://news.sky.com/story/tar....iffs-latest-trumps-w
#skynews #china #usa #tariffs #trade #trumptariffs
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ONCE AGAIN CSK LOST THE MATCH ! Csk vs DC IPL 2025 #shorts
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IPL LIVE: Gujrat vs Lucknow, IPL 2025 26th Match Live Score & Commentary | LSG Vs GT | LSG 7
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Live Cricket Match Today
When: Lucknow Super Giants vs Gujarat Titans, April 12th, 03:30 PM IST
Where: Bharat Ratna Shri Atal Bihari Vajpayee Ekana Cricket Stadium
What to expect: A hot day and more grappling with conditions? On the eve of the game, the ground staff ran the roller on two of the nine pitches at the venue - one a black soil surface and another a mixed one. This was perhaps done in preparation for the next fixture at the venue (against CSK), that comes with just a day's break on Monday (April 14).
As the evening progressed, the ground staff seemed to focus a little more in terms of preparation on the black soil pitch, situated beside the centre wicket (mixed soil). But for what it's worth, both the strips were covered in an identical manner by the end of the evening.
Head to head: LSG 1 - 4 GT. Lucknow's only win over this opposition came at this venue last year when they successfully defended 163/5.
Team Watch:
Lucknow Super Giants
Injury/Availability: Mayank Yadav continues to be unavailable.
Tactics & Matchups: Avesh Khan could be crucial up front against two of GT's top three. Avesh has dismissed Shubman Gill twice in 51 deliveries in T20s since 2022, giving away only 64 runs. He's been a touch expensive against Jos Buttler (43 off 23 balls) in the same period, but has also dismissed him thrice. GT's No.4 Shahrukh Khan too has not got the better of Avesh, falling twice in just seven deliveries faced.
Probable XII: Mitchell Marsh, Aiden Markram, Nicholas Pooran, Rishabh Pant (c & wk), Ayush Badoni, David Miller, Abdul Samad, Shardul Thakur, Akash Deep, Avesh Khan, Digvesh Rathi, Ravi Bishnoi
Gujarat Titans:
Injury/Availability: Kagiso Rabada has not returned since leaving for South Africa last week due to personal reasons.
Tactics & Matchups: Rashid Khan has had an ordinary start to the season, and yet he could be GT's man to deal with the six-hitting menace of Nicholas Pooran. LSG's swashbuckler has smashed 24 sixes this season - nine more than the next best (Mitchell Marsh). Though Rashid's stock leg spinner turns into Pooran's six-hitting arc, the Afghan has fared well against him in T20s since 2022 - dismissing him twice while conceding just 77 off 66 deliveries.
Probable XII: Sai Sudharsan, Shubman Gill (c), Jos Buttler (wk), Sherfane Rutherford, Shahrukh Khan, Rahul Tewatia, Arshad Khan, Rashid Khan, Ravisrinivasan Sai Kishore, Mohammed Siraj, Prasidh Krishna, Kulwant Khejroliya/Washington Sundar
IPL 2025 Live Cricket Streaming Lucknow Super Giants vs Gujrat Titans match on mobile and desktop?
IPL 2025, LSG Vs GT Live Cricket Streaming Online: The tournament will be televised on the Star Sports network and the newly launched streaming service Jio Hotstar.
#ipl #ipl2025 #live #livescore #livestream #lsgvsgt #gtvslsg #lucknowvsgujrat #Gujratvslucknow #cricket #livecommentary #ipllivematchtoday #trending
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SpaceX's blockbuster stock market debut is facing a reality check. After soaring on investor enthusiasm following its IPO, the aerospace giant's shares have come under pressure as market optimism gives way to concerns over valuation, competition, and future growth prospects.
The sharp selloff has turned SpaceX into one of Wall Street's most closely watched stocks, raising questions about whether the company can justify its lofty expectations. Here's a closer look at what's driving the post-IPO decline and what investors are watching next.
#spacex #ipo #stocks #wion
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U.S. manufacturing activity shrank in October for an eighth straight month, driven by the uncertainty around tariffs and weak demand.
Separately, the U.S. Consumer's durability as a prop for the economy may be tested in the coming weeks.
#usa #economy #trumptariffs #wion
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The world's richest man, Elon Musk, has issued a stark warning on America's growing debt burden, saying the country faces financial collapse without a major boost to economic growth.
#musk #usa #bankruptcy #wion
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China announced retaliatory tariffs of 84% on imports of US goods on Wednesday, further inflaming a trade war between the world’s two biggest economies. #CNN #News
Prime Minister Narendra Modi and Danish PM Mette Frederiksen held a conversation at the latter's residence in Copenhagen, Denmark.
PM Modi in Europe: पीएम मोदी जर्मनी से अब डेनमार्क पहुंच गए हैं. एयरपोर्ट पर डेनमार्क की पीएम Mette Frederiksen ने मोदी का स्वागत किया. इसके बाद दोनों ने मुलाकात की और काफी बातचीत की.
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Donald Trump discussed his decision to pause tariffs during an event in front of the White House, saying he thought people were 'getting yippy' and a 'little queasy' so he decided to enact the 90-day pause.
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The US president also said he would raise the tariff on Chinese imports to 125%, further escalating the confrontation between the two countries
Full list of Trump’s tariffs: a country-by-country look after the 90-day pause ► https://www.theguardian.com/us....-news/2025/apr/09/tr
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Bringing manufacturing back to the USA is an ideological cornerstone of US President Donald Trump's economic policy. It's aimed not just at pushing foreign firms to invest in America, but at forcing US companies to onshore their own production lines. Squarely in the firing line is one of the country's largest tech giants Apple, whose top-selling product, the iPhone, is made in Asia. It's a tense situation for the California-based firm. If it were to actually produce the iPhone in America, its price would have to rise dramatically. Bryan Quinn and Mounia Ben Aïssa report.
#UnitedStates #Trump #tariffs
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China said on Friday it would raise tariffs on US goods to 125 percent, further deepening a trade war between the world's two largest economies.
"The US's imposition of abnormally high tariffs on China seriously violates international trade rules, basic economic laws and common sense," Beijing's State Council Tariff Commission said in a statement shared by the finance ministry, adding that the new levy comes into effect on Saturday.
0:00 INTRO
2:13 TRUMP IS WAITING FOR XI TO CALL?
3:30 US WIELDING TARIFFS AS A WEAPON, SAYS CHINA
5:51 TRUMP THREATENS TO REIMPOSE ADDITIONAL TARIFFS IF…
#usa #trump #tradewar #china #tariffs
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Trump defenders are trying to spin Trump’s tariffs as an attempt to bring the middle-class economy back to the heyday of the 1960s. But Trump himself keeps saying his plan will return America back to the 1890s. “Don't think GM—think Triangle Shirtwaist Factory,” says Hayes.
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China's economy is increasingly divided between fast-growing technology hubs and regions struggling with weaker demand, property challenges, and slowing traditional industries. While sectors such as artificial intelligence, advanced manufacturing, and exports continue to drive growth, many provinces remain under pressure. Analysts describe the trend as a "geographic K-shaped economy," where different parts of the country are moving in sharply different economic directions.
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