A Shipping Change Might Help Small Businesses if Not for Trump’s Trade Wars

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Introduction:

The news topic “A Shipping Change Might Help Small Businesses if Not for Trump’s Trade Wars” has drawn international attention, with various media outlets providing diverse insights, historical context, political stances, and on-the-ground developments. Below is a curated overview of how different countries and media organizations have covered this topic recently.

Quick Summary:

• The US is considering slashing its tariffs on China’s goods at trade talks this weekend. The aim is to further deescalate the mounting trade war between the two countries. On Thursday, President Trump announced a trade deal with the UK, the first for his administration since imposing sweeping “reciprocal” tariffs in April. The EU on Thursday unveiled a list of US products it will target with tariffs in the event trade negotiations fail. The Federal Reserve Chair Jerome Powell emphasized on Wednesday that while sentiment has deteriorated, the tariff “shock hasn’t hit yet” as the central bank held interest rates steady. The US-UK trade agreement would boost US export markets for agricultural products, including beef and ethanol. The deal is the first of its kind for the US since it imposed sweeping tariffs against all trading partners in early April, including China.
• The US is considering slashing its tariffs on China’s goods at trade talks this weekend. The aim is to further deescalate the mounting trade war between the two countries. On Thursday, President Trump announced a trade deal with the UK, the first for his administration since imposing sweeping “reciprocal” tariffs in April. The EU on Thursday unveiled a list of US products it will target with tariffs in the event trade negotiations fail. The Federal Reserve Chair Jerome Powell emphasized on Wednesday that while sentiment has deteriorated, the tariff “shock hasn’t hit yet” as the central bank held interest rates steady. The US-UK trade agreement would boost US export markets for agricultural products, including beef and ethanol. The deal is the first of its kind for the US since it imposed sweeping tariffs against all trading partners in early April, including China.

Country-by-Country Breakdown:

Trump tariffs live updates: Trump floats slashing China tariffs to 80% with ‘many’ deals ‘in the hopper’

The US is considering slashing its tariffs on China’s goods at trade talks this weekend. The aim is to further deescalate the mounting trade war between the two countries. On Thursday, President Trump announced a trade deal with the UK, the first for his administration since imposing sweeping “reciprocal” tariffs in April. The EU on Thursday unveiled a list of US products it will target with tariffs in the event trade negotiations fail. The Federal Reserve Chair Jerome Powell emphasized on Wednesday that while sentiment has deteriorated, the tariff “shock hasn’t hit yet” as the central bank held interest rates steady. The US-UK trade agreement would boost US export markets for agricultural products, including beef and ethanol. The deal is the first of its kind for the US since it imposed sweeping tariffs against all trading partners in early April, including China. Read full article

Trump tariffs live updates: Trump floats slashing China tariffs to 80% with ‘many’ deals ‘in the hopper’

The US is considering slashing its tariffs on China’s goods at trade talks this weekend. The aim is to further deescalate the mounting trade war between the two countries. On Thursday, President Trump announced a trade deal with the UK, the first for his administration since imposing sweeping “reciprocal” tariffs in April. The EU on Thursday unveiled a list of US products it will target with tariffs in the event trade negotiations fail. The Federal Reserve Chair Jerome Powell emphasized on Wednesday that while sentiment has deteriorated, the tariff “shock hasn’t hit yet” as the central bank held interest rates steady. The US-UK trade agreement would boost US export markets for agricultural products, including beef and ethanol. The deal is the first of its kind for the US since it imposed sweeping tariffs against all trading partners in early April, including China. Read full article

Trump tariffs live updates: Trump floats slashing China tariffs to 80% with ‘many’ deals ‘in the hopper’

The US is considering slashing its tariffs on China’s goods at trade talks this weekend. The aim is to further deescalate the mounting trade war between the two countries. On Thursday, President Trump announced a trade deal with the UK, the first for his administration since imposing sweeping “reciprocal” tariffs in April. The EU on Thursday unveiled a list of US products it will target with tariffs in the event trade negotiations fail. The Federal Reserve Chair Jerome Powell emphasized on Wednesday that while sentiment has deteriorated, the tariff “shock hasn’t hit yet” as the central bank held interest rates steady. The US-UK trade agreement would boost US export markets for agricultural products, including beef and ethanol. The deal is the first of its kind for the US since it imposed sweeping tariffs against all trading partners in early April, including China. Read full article

How Trump’s Closing a Tariff Loophole Will Hurt UPS and FedEx – The New York Times

President Trump on Friday closed a loophole that had allowed cheap goods from China to enter the United States without paying tariffs. The business of transporting hundreds of millions of low-value shipments on as many as 60 freighter flights a day between China and the U.S. could now wither. A falloff in such shipments could deprive companies like UPS, FedEx and DHL of a big source of revenue. Airlines, mainly those that carry only cargo, and smaller logistics companies could also suffer. UPS also announced that it would cut 20,000 jobs this year as part of a long-term plan to reduce costs, and said “macroeconomic uncertainty” prevented it from updating its forecasts for revenue and profits for 2025. We are having trouble retrieving the article content. Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times. Read full article

Small Packages From China Are Now Subject to US Tariffs. Here’s What to Know

As part of President Donald Trump’s roller-coaster trade war, the de minimis exemption no longer applies to packages arriving to the United States from China. The provision previously allowed Chinese ecommerce giants like Temu, Shein, and AliExpress, as well as American companies like Amazon, to send goods valued at less than $800 to US customers duty-free. Those same goods are now subject to tariffs as high as 145 percent. WIRED senior business editor Louise Matsakis and senior China writer Zeyi Yang joined chatted with readers during a Reddit AMA this week to answer these questions and many others. It’s not wrong to say Temu was invented, in part, because of the de minimalis exemption. With that gone, Temu will have to transition to a different business model in the US. Read full article

Trump tariffs live updates: Trump floats slashing China tariffs to 80% with ‘many’ deals ‘in the hopper’

The US is considering slashing its tariffs on China’s goods at trade talks this weekend. The aim is to further deescalate the mounting trade war between the two countries. On Thursday, President Trump announced a trade deal with the UK, the first for his administration since imposing sweeping “reciprocal” tariffs in April. The EU on Thursday unveiled a list of US products it will target with tariffs in the event trade negotiations fail. The Federal Reserve Chair Jerome Powell emphasized on Wednesday that while sentiment has deteriorated, the tariff “shock hasn’t hit yet” as the central bank held interest rates steady. The US-UK trade agreement would boost US export markets for agricultural products, including beef and ethanol. The deal is the first of its kind for the US since it imposed sweeping tariffs against all trading partners in early April, including China. Read full article

Trump ends small package tariff exemption while waiving customs rules

The White House closed the so-called de minimis tariff loophole for lower-value Chinese imports Friday. The exemption was worth a fortune to online retailers like Temu, Shein and Amazon, as well as package shippers that import goods from China for U.S. consumers at large scale. President Trump called the exemption a “scam” during a Cabinet meeting this week in which he acknowledged that tariffs could push up prices, as many economists have been arguing. However, the administration also waived a customs rule that trade experts say will make it tough to collect the newly reinstated tariffs. The waiver gets rid of formal entry requirements, entailing tariffs and inspections, for goods worth $800 or less. The White House ordered on April 2 to end the exemption for products of the People’s Republic of China on or after 12:01 am on May 2, 2025. Read full article

What Happens to Apple if Trump’s Trade War Forces It to Cut Ties With China? – The New York Times

The world’s most valuable company has become so reliant on Chinese suppliers and sales that it would be worth half as much or less without them. In the four days after President Trump announced taxes on Chinese exports of 145 percent last month, Apple lost $770 billion in market capitalization. On Thursday, Apple reported $24.78 billion in quarterly profit, a 4.8 percent increase from a year ago, a result of strong sales of apps and services and a new, lower-priced iPhone, which the company introduced in February. China was the only region where it didn’t increase sales during the quarter. During a call with Wall Street analysts on Thursday, Tim Cook, the company’s chief executive, said Apple had more than 9,000 suppliers in the United States and planned to open a factory in Wisconsin. Read full article

Global Perspectives Summary:

Global media portray this story through varied cultural, economic, and political filters. While some focus on geopolitical ramifications, others highlight local impacts and human stories. Some nations frame the story around diplomatic tensions and international relations, while others examine domestic implications, public sentiment, or humanitarian concerns. This diversity of coverage reflects how national perspectives, media freedom, and journalistic priorities influence what the public learns about global events.

How did your country report this? Share your view in the comments.

Sources:

• Trump tariffs live updates: Trump floats slashing China tariffs to 80% with ‘many’ deals ‘in the hopper’
• Trump tariffs live updates: Trump floats slashing China tariffs to 80% with ‘many’ deals ‘in the hopper’
• Trump tariffs live updates: Trump floats slashing China tariffs to 80% with ‘many’ deals ‘in the hopper’
• How Trump’s Closing a Tariff Loophole Will Hurt UPS and FedEx – The New York Times
• Small Packages From China Are Now Subject to US Tariffs. Here’s What to Know
• Trump tariffs live updates: Trump floats slashing China tariffs to 80% with ‘many’ deals ‘in the hopper’
• Trump ends small package tariff exemption while waiving customs rules
• What Happens to Apple if Trump’s Trade War Forces It to Cut Ties With China? – The New York Times

Source: https://www.nytimes.com/2025/05/11/business/trump-trade-war-shipping-small-businesses.html