China's April factory activity seen slipping as Trump tariffs bite: Reuters poll

Chinese firms are willing to pass on the export orders they receive to Indian firms so that shipments can continue and their business relationships with the US remain intact,

Sahai explained

The domestic players should look into increasing their capacities to tap into these opportunities. Going ahead, they can make direct relationships with those US buyers,

he said

I think it's 400 bags. Yeah, the small bags 400 bags and the big bags 200 bags,

Lei said

Everybody come to buy the soy sauce, come to buy the rice... come to buy the snacks,

said Mill Lei

We had really good talks with all my suppliers and my shipper, and we all think we should hold my shipment a little bit,

Yu said

China strictly complies with WTO subsidy disciplines and market rules,

Xu wrote

If Korean companies establish a solid presence in China, they can operate on the global stage with greater pride. But if they lose the Chinese market, they cannot discuss global strategies,

he wrote on X in Korean and Chinese, sharing his speech from the event

While consumer and business survey data continue to plunge, the hard data has shown resilience, a trend likely to persist for a month or two until the effects of the Liberation tariffs become evident mid-year,

said Tony Sycamore, a market analyst at IG

High tariffs(...) runs counter to basic economic principles and common sense, and is simply an act of unilateral bullying and coercion,

Beijing then declared ... reitering

James RossitertD Securities strategist

It's hard enough for firms to think about July right now where they don't know what the reciprocal tariffs are. Try and plan another year down the road. I mean, who knows what it looks like, let alone five years down the road,

James Rossiter, head of global macro strategy at TD Securities, said

It's a very difficult environment to be optimistic about growth,

said Timothy Graf, head of macro strategy for Europe, Middle East and Africa at State Street

Cutting off your largest trading partner ... is going to do all sorts of wild and not so wonderful things to prices and that's going to have all sorts of negative impacts on real incomes and ultimately demand,

State Street's Graf added

The consequence will be empty shelves in US stores in a few weeks and Covid-like shortages for consumers and for firms using Chinese products as intermediate goods,

Slok wrote in a note to clients Friday

Don't expect empty shelves yet — [year to date] stock is still up, and demand is slowing,

Bernstein analyst Aneesha Sherman said in a note to clients Monday

In relation the China tariffs specifically, we are encountering many U.S. small businesses who have been actively assessing their supply chain and looking to markets such as Vietnam, India, Malaysia and even Europe as production alternatives. However, many are finding that other markets simply don't have the infrastructure that China has, which has been developed over the past half century."

Daire Burke, the head of Swoop Funding North America, told Newsweek

I can think of a client who recently found themselves in this scenario that needed their consumer product manufactured and coated under one roof and to exacting, complex and regulated standards. The client found that they couldn't make one part in Vietnam, another in India and then complete the process in the EU. It simply didn't work logistically and economically."

He continued

The initial impacts will be felt by the importing and transportation industries, but it will quickly spread to retailers and consumers. From there, the broader economic damage will grow. Because the economy is intertwined, the adverse job impacts will quickly become a broad-based economic downturn."

He added

But this time a virus won’t be responsible. It will all be about Donald Trump,

he wrote on Substack

Tzu-Hsien Tungchairman

Within two months, shelves in the United States ... might resemble those in third-world countries, where people visit department stores and markets only to find empty shelves, all because everyone is waiting and seeing,

Tung said

We won't immediately adjust our long-term plans just because of two or three months of tariff changes. Manufacturing bases require long-term planning,

he added