The future of Michigan’s cherry orchards may be dire, experts say

The future of Michigan’s cherry orchards may be dire, experts say

LANSING – Michigan’s cherry industry is in a highly vulnerable position, experts agree, and President Donald Trump’s on-and-off tariffs aren’t making things easier for growers.

China's tariff increase and it's potential impact on local residents

JACKSON, Tenn.– On April 9th President Trump paused an increase on tariffs on select goods until July of this year. However some imports from China can see a more than 100% increase. With an almost $5 tax on imports from China. What does this mean for the average working class Tennessean? This tariff war has been happening since President Trump signed an executive order in February. However, the tariff wars can be good for our economy and other …

China's trade war perspective : The Indicator from Planet Money

By now, you've heard a lot about how the U.S.-China trade war is affecting American consumers, businesses and the stock market. But how is the trade war being felt in China? Today on the show, two of NPR's in-house China experts, Emily Feng and John Ruwitch, explain the view from China. Related episodes: What might save China's economy (Apple / Spotify) Tarrified! We check in on businesses (Apple / Spotify) For sponsor-free episodes of The Indic…

Trade war with China threatens U.S. economy

What happened The tariff war between the U.S. and China intensified this week as both sides dug in amid rising fears of a global recession. The Trump administration's levies on Chinese imports hit a staggering 145 percent, and China countered with levies of 125 percent on U.S. goods. After saying repeatedly there would be no carve-outs, the administration announced an exception for electronic goods including smartphones, laptop computers, and mo…

Minnesota representative asks Trump administration to exempt small businesses from China tariffs

ZUMBROTA, Minn. — Standing in a Zumbrota warehouse next to Busy Baby founder Beth (Fynbo) Benike, U.S. Rep. Kelly Morrison urged the Trump administration to immediately change course and exempt small businesses from the 145% tariffs on goods coming from China. “As an American, and especially as a member of the Committee for Small Business, it is absolutely unthinkable that the administration is doing this to our small businesses, and that the Re…

Tariff troubles: Area retailers navigate choppy trade winds

By Myesha Johnson, The Detroit News Michigan retailers are already feeling the bite of tariffs President Donald Trump imposed this month on most U.S. trade partners, including northern neighbor Canada. Hana Abboud, who owns a bridal shop of the same name on Telegraph Road in Dearborn, said small businesses like hers face particular challenges. In her case, she estimates at least 80% of wedding dresses are made in China, which Trump has hit with …