The trade war between the U.S. and China started more than a year ago, but past rounds of duties have mostly impacted parts and components that are not obvious to the average consumer.
Their industries are diverse, but they all have something in common: They represent American small and medium-sized businesses that rely on China either for production or essential equipment.that reached new intensity on Friday. They've have had plans in the works for two years now. Tidal Creek Brewhouse is slated as a 10-barrel operation that will make craft beverages in house and serve the community and tourists in Myrtle Beach, South Carolina.
Instead, he's planning on placing a smaller order to take a smaller hit from the tariffs and possibly even delay the brewery's opening. Originally they were planning on the fall of 2019; now the first quarter of 2020 seems more realistic. He is also scaling back plans for a staff of up to 15 employees by a few positions.
"For our business it's impossible to plan," he said. "We're making shorter and shorter decisions based on the uncertainty we're dealing with." "Losing 10% of our gross profit overnight is a tough pill to swallow," he said, referring to the original tariff rate before Trump raised it to 15% on Friday. Though the Trump administration agreed to postpone tariffs on children books until Dec. 15, the industry is facing disruption right now as publishers scramble to shift some printing out of China to other countries in Asia.
Eastman Music Co., a musical instrument manufacturer and wholesaler, has an intimate understanding of U.S.-China trade relations. Eastman's CEO, Qian Ni, came to the U.S. from China in 1986 to study at the Boston University School of Music.
Americans in big trouble
Only crazy Trump believes that China is paying the tariffs
No inflation spencekimball
Try as they may, no one can get through to him.
Then why does China even care about tariffs?
You better start telling the truth WE THE AMERICAN PEOPLE are paying those tariff Do you want to see my receipts? Just like every other Republican network Your ignorance coming late to the show will destroy this country
China is the country that will have millions of people out of work. This will affirm the news coming out of HongKong that communism sucks. When you are Xi, the infallible President for life, this cannot be allowed to happen. China will eat the Tariffs until they are broke.
I read your tweets and its never balanced reporting always negative on Trump. Your a propaganda network. Not a news network.
It’s insane that a legitimate portion of the US population agrees with Trump’s action.
Give it a little time they will.
Question is, why are we so reliant on China that the disruption in trade hits us so broadly? Are we banking on China’s graces indefinitely, which implies tolerating every human rights abuse they engage in?
Not yet !
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