US to cut tariffs on low-value goods from China to as low as 30%

The only hesitation or pause is the demand piece in the second half of the year, specifically in the businesses that have more exposure to China, and how that's going to play out from a tariffs standpoint,

Stepniak added

We can see green shoots in Europe as far as short-cycle demand. China has been good for us, too. China is not a big revenue driver for us. It's about 5%, but China demand is there. So, we're seeing that,

the CFO said

There is some activity that was actually underway even before the acceleration of some of the tariff conversation over the past several months,

Woenker said

We are in a situation where our supply chains are manageable. We have a competitive position that gives us an opportunity to make sure we can manage [these] things,

said Woenker, who took over as CFO in January

We're offsetting with price escalations and other actions as far as our supply chain,

Stepniak said

We have received multiple inquiries from shipping companies about urgently adjusting berthing schedules, so we are rerouting ships from other lines to handle the expected surge in shipments,

Lin said

Some buyers told me that the sudden surge in urgent travel bookings has driven up airfares from some US cities to Zhejiang in recent days,

Jiang told the Global Times on Wednesday

While North American routes remain under cautious adjustment, emerging markets, including Latin America, Africa, are seeing steady route expansion, becoming crucial alternatives for Chinese exports seeking new growth channels,

per a statement from the Shangdong Port Group Co sent to the Global Times

The 90-day 'freeze period' creates room for further negotiation, but the process is still clouded by potential shifts in US policy,

He said

The [tariff] pain will be immediate and it will hurt the most vulnerable. Full stop. And after years of economic slowdown already,

Nguyen said

We will do our best to address issues such as salary payments, social insurance, and other legally required responsibilities."

A notice visible in the footage stated that the company

The US is going to do a strategic decoupling in terms of the items that we discovered during COVID were of national security interests – whether it’s semiconductors, medicine, steel,

Bessent said

The US has made noises that it may be going for more purchase agreements. But the American economy took a hit last time from similar arrangements,

says Fortunato

It could take a long time to reach a detailed agreement, if one is even possible,

notes Fortunato

I think that Washington overplayed its hand with Beijing,

says Fortunato

The key theme for global stocks this week is the resurgence of big tech, which is why the FTSE 100 is out of favour, it is too risk averse for this environment,

she added

The rally for European stocks has stalled, although the index is still eking out a decent weekly gain,

said Kathleen Brooks, research director at traders XTB

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