Trump's Tariffs Hit US Business

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tariffs

BBC

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Technology

US tech firms feel pinch from China tariffs

Summary

Nutrition label

77% Informative

Trump has raised tariffs on all goods imported from China by 20% since returning to office.

China is still the number one supplier of electronic products to the US , with imports totalling $ 146bn (112bn) in 2023 .

While domestic manufacturing in the US has increased, partly due to tariffs, it is still limited by higher costs and stricter regulations.

Ms Ghazarian says she is worried but at least she's prepared this time. Like many other US business-owners she bulk-ordered extra inventory before Mr Trump took office, and is storing it in her east coast warehouse. She hopes that will get the company through the next year until it can "pivot" again. "That might mean finding a more cost-effective way to produce the product or doing something completely different. It's frustrating I have to focus on survival rather than growing my business.".

VR Score

Informative language

Neutral language

Article tone

semi-formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful