Manufacturing Revival? Not If I Have to Pay More!
A 2024 survey shows American support for tariffs drops when everyday prices rise, challenging the promise of manufacturing revival.
Economy
Irish Councilor Calls US Tariffs a Bad Idea
Irish councilor Jack White warns US tariffs hurt global free trade and stresses the value of open commerce.
Move to Fit: Chinese Mainland Weight-Loss Trend Boosts Consumer Market
New weight management clinics in the Chinese mainland drive a booming weight-loss economy, boosting sports gear sales and healthier lifestyles.
40% of Japanese Prefectures Aid SMEs Amid U.S. Tariffs
40% of Japanese prefectures are offering aid to support SMEs and key industries hit by U.S. tariffs, a Kyodo News survey shows.
Reciprocal Tariffs: Why the US Tactic May Backfire
The US’s ‘reciprocal tariff’ strategy is criticized as flawed and likely to backfire, prompting calls for global trade cooperation.
U.S. Tariff Tactics Backfire: Global Support for Chinese Measures
A global poll reveals that U.S. tariff tactics are damaging its image, with strong support emerging for Chinese countermeasures across 38 nations.
Chinese Mainland Manufacturing PMI Falls to 49.0 Amid Cautious Optimism
The Chinese mainland’s manufacturing PMI fell to 49.0 in April, showing contraction but also sparking cautious optimism among experts.
New Law Ignites Growth in the Chinese Mainland’s Private Sector
The Chinese mainland’s first law promoting the private sector takes effect May 20, signaling a boost for innovation and economic growth.
Amazon Backtracks on Tariff Pricing Plan Amid Controversy
Amazon clarifies its tariff pricing plan: only its low-cost Haul unit considered listing tariffs on China-made products, sparking market jitters.
U.S. Consumer Confidence Dives to COVID-Era Lows
U.S. consumer confidence has fallen to COVID-era lows amid tariff fears and recession concerns, signaling a cautious outlook for the economy.