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The Devastating Impact of Trump's Trade Tariff on China
You know something’s gone seriously wrong when a TikToker - who normally shares behind-the-scenes clips of factory life - starts talking about bankruptcy, layoffs, and selling off million-yuan machines. That’s exactly what’s happening right now in China, and it all traces back to one thing: Trump’s new round of tariffs.
Yep, Trump is back with a vengeance. On April 2nd, he dropped a tariff bombshell on dozens of countries, including China, and manufacturers across the mainland have been scrambling ever since. The new tariff rate for Chinese goods entering the U.S.? A gut-punching 34%, up from the already painful levels of previous years. And that’s just the beginning—he even threatened to raise it by another 50%.
At first glance, it sounds like classic trade war politics. But dig a little deeper, and you’ll find something far more human and heartbreaking: a tidal wave of stress, uncertainty, and despair crashing over China’s manufacturing sector.
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