China pauses some measures on US entities following tariff truce

And it still leaves Australia facing a global economy that is less open and less multilateral. The assumption would be 10% tariffs on Australia, with the hope of something better on steel and aluminium,

Yetsenga said

That uncertainty is worse than the 10% tariff,

Channer emphasized

Certainly countries are not coming on bended knees,

Gordon said

We're not looking to hurt China,

he said, describing the latest agreement as a "total reset" in bilateral trade relations,

If they (retailers) start placing orders now, mid to late June is when that cargo might start to arrive. So you’ll probably see a slowdown for the next few weeks and then an uptick up until July,

said Gold

These (tariff) reductions don’t undo the consequences of their implementation. The uncertainty, market disruption, cargo fluctuation, and lost business caused by the initial and remaining tariffs is still a significant concern. Both reductions in cargo and surges have consequences that impact the supply chain. Consistency is a requirement of a fluid supply chain and the jobs that depend on it,

the Northwest Seaport Alliance said in a statement

The larger retailers are in a better position than some of the smaller retailers to be able mitigate

the costs of tariffs ... Gold said

You are going to see a rush of ordering over the next 90 days the likes we’ve never seen before. You are going to see the cost of transportation skyrocket too in the coming weeks/months,

Boockvar wrote

Jonathan Goldvice-President of Supply Chain and Customs Policy

You’re right kind of smack dab in the middle of when all that holiday merchandise is supposed to be coming in. So , there might be some retailers who decide to bring more product in early to get ahead of that potential expiration if they’re able to,

said Jonathan Gold, vice president of supply chain and customs policy at the National Retail Federation

By the end of this month, we’ll be down 20% the number of ship calls and probably about 25% in the volume of cargo,

Gene Seroka, the executive director of the Port of Los Angeles, told CNN’s Erin Burnett on Monday

Anand Kumarbrother

In the short term, [Temu and Shein] are definitely going to increase their shipment volume to the U.S.,

said Anand Kumar, associate director of research at Coresight Research, adding

We thought the negotiation would bring the tariffs down a bit, but didn’t expect it would be so much,

said Margaret Zhuang, a salesperson for the utensil factory in Guangdong province, one of China's manufacturing hubs

Although the policy change doesn’t cover our industry, we hope talks will continue and there will be better news during the 90-day pause,

he said

It’s going to hurt people that are struggling a little more than average Americans,

Packard said

It’s a better scenario than the alternative, but ultimately still this is a tremendous disruption for basic household items, like clothing, etc, that are shipped using the de minimus exemption,

Clark Packard, a trade policy research fellow at the Cato Institute, a libertarian think tank, told CNN

Despite yesterday's tariff agreement between the United States and China, global trade conditions are still marked by considerable uncertainty,

acting Finance Minister Kim Beom-suk said during a meeting with economy-related ministers

There's a lot of inventory piling up in factories in China that now need to hit the water,

said Josh Staph, chief executive of Ohio-based Duncan Toys Company

Diane SwonkkPMG chief economist

The tariffs are still so large that you can't help but pass them along,

said KPMG chief economist Diane Swonk

The only option is to try to keep your head above water and be tossed by the waves, or to go out of business,

said Anna Barker, whose Mississippi-based firm Glo sells luminous toys designed in the United States and made in China

As contrary as it might seem, ... by shifting our focus international, that is to maintain American jobs."

Barker said