
French Furniture Maker Eyes China Amid US Tariff Woes
Facing rising tariffs in the U.S., French furniture maker Fermob shifts focus to China and other Asian markets.
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Facing rising tariffs in the U.S., French furniture maker Fermob shifts focus to China and other Asian markets.

A recent survey reveals that US small businesses are feeling the strain of trade tariffs, with many fearing a looming recession and expressing dissatisfaction with President Trump’s policies.

Skechers is being sold to 3G Capital for $9.4 billion amid industry upheaval caused by US tariffs. The deal reflects challenges faced by footwear companies due to trade policies.

US GDP shrank by 0.3% in Q1 2025, raising concerns over a potential recession as trade tensions and tariff uncertainties impact the economy.

In 2025, the U.S. raises tariffs, impacting farmers and consumers, while China lowers tariffs and strengthens global ties. The future favors those who build bridges, not walls.

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U.S. Customs has resolved a technical glitch that disrupted import duty processing, affecting shipments from the Chinese mainland and other countries during a 90-day tariff reprieve.

U.S. stocks fell sharply on Thursday, giving back gains from a historic rally, as trade tariff uncertainties weighed on investor confidence.