US President Donald Trump's tariffs put Chinese businesses 'in limbo'
As of April 16, 2025, U.S. President Donald Trump's aggressive tariff policies have significantly impacted Chinese businesses, placing many in a state of uncertainty. The U.S. has escalated tariffs on Chinese imports to as high as 145%, prompting China to retaliate with tariffs up to 125% on American goods. This tit-for-tat escalation has disrupted trade flows and forced Chinese exporters to reconsider their strategies.
For instance, iFun, a Guangzhou-based manufacturer of arcade and play area equipment, has seen its U.S. orders cease due to the steep tariffs. The company's owner, Bin Zhang, is now seeking alternative markets in Mexico, Canada, and South America, while remaining hopeful for a reversal in U.S. trade policies .
In a further move, the U.S. government is considering delisting nearly 300 Chinese companies from American stock exchanges, citing non-compliance with financial transparency regulations. This action could significantly affect China's access to U.S. capital markets .
The escalating trade war has also led to volatility in global financial markets, with investors seeking safe havens amid the uncertainty .The Guardian+1Latest news & breaking headlines+1
While there is no specific BBC News article titled "US President Donald Trump's tariffs put Chinese businesses 'in limbo'" published today, the current situation reflects the challenges faced by Chinese businesses amid the ongoing trade tensions..
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