Oklahoma-based Simple Modern hit by China trade war

Louis Vuitton, Gucci owners face tough times in China amid trade war, property slump

Chinese consumers’ spending on luxury goods has been affected by falling property prices and uncertainties over the trade war, analyst says.

'Feel the pain': Trump’s 'destructive' policies slammed after layoffs announced in key swing state

In Pennsylvania — a volatile swing state that has a popular Democratic governor, Josh Shapiro, but narrowly went to now-President Donald Trump and Republican now-Sen. Dave McCormick in 2024 — the economy is expected to be a major issue in the 2026 midterms. And the Keystone State, according to the Pennsylvania Capital-Star, is suffering a negative impact from Trump's steep new tariffs.Mack Trucks, on Thursday, April 17, announced between 250 and…

Oklahoma-based Simple Modern hit by China trade war

MOORE, Okla. (KFOR) — Oklahoma-based drinkware company Simple Modern says a trade war with China could cost it millions. Simple Modern CEO Mike Beckham told News 4 Thursday at the company's headquarters in Moore that President Donald Trump's decision to impose a 145% tariff on China and the country's own retaliatory tariffs had driven up costs for his company to around $100 million. Simple Modern produces various drinkware and containers, most p…

China's manufacturing backbone feels Trump trade war pinch

Sky-high tariffs imposed on China by US President Donald Trump have triggered a slump in factory orders, manufacturers told AFP this week -- with some fearing business may never return.

Why Trump has already lost his trade war against China

Beijing is hardly likely to roll over given its financial and global trading strength., writes Ambrose Evans-Pritchard

Even if it's been clear for years where everything is leading, breakups are never easy.