US President Donald Trump’s tariffs put Chinese businesses ‘in limbo’
At the annual Canton Fair in Guangzhou, Chinese businesses are expressing their concerns about the impact of US tariffs on their operations. The fair, which is the world’s longest running import-export fair, has become a hotbed for discussion surrounding the recent trade tensions between the US and China.
Last week, President Trump announced a temporary pause on the majority of tariffs after global stock markets experienced a significant downturn and a sell-off in the US bond market. However, the import levies targeted at Chinese goods being shipped to the US were not lifted. In response, Beijing has imposed its own 125% levies on American imports, further complicating the situation for Chinese businesses.
The uncertainty surrounding the tariffs has left many Chinese businesses in limbo, unsure of how to proceed with their import-export operations. The ongoing trade dispute between the world’s two largest economies has created significant challenges for businesses on both sides, with no clear resolution in sight.
As businesses navigate the complex trade landscape, the impacts of the tariffs continue to be felt. The Canton Fair serves as a platform for these businesses to voice their concerns and seek solutions to mitigate the effects of the ongoing trade tensions.
Despite the temporary pause on tariffs, the future remains uncertain for Chinese businesses as they grapple with the implications of President Trump’s trade policies. The global implications of the trade dispute between the US and China are far-reaching, and businesses at the Canton Fair are feeling the pressure as they work to adapt to the changing trade environment.
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Video “US President Donald Trump's tariffs put Chinese businesses 'in limbo' | BBC News” was uploaded on 04/15/2025 to Youtube Channel BBC News