Stuart Chirls

2 weeks ago | freightwaves.com | Noi Mahoney |Steve Barrett |Stuart Chirls |Caleb Revill

President Donald Trump’s wide ranging “reciprocal” tariff policy went into effect at 12:01 a.m. on Wednesday, including 104% duties on goods from China, as well as various levies on imports from about 90 other U.S. trading partners. Officials in China on Wednesday announced retaliatory duties on U.S. imports to 84%, up from 34%, starting on […]

2 weeks ago | freightwaves.com | Steve Barrett |Eric Kulisch |John Gallagher |Stuart Chirls

It’s not that companies can’t operate without China, it’s just that for now, said companies will not grow as fast as they could with it, and will likely do so with lower margins. In a retail world constantly balancing sales and profit, avoiding China is giving up both for many Western brands.