JOURNAL ARTICLE

Trump Predicts China Would 'Eat' Tariffs, Lessening US Impact.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Lowenkron, Hadriana 3 of 3

Abstract

President Donald Trump defended his decision to impose steep tariffs on Chinese exports, stating that China would likely absorb the costs. Despite concerns about the impact on US consumers, Trump maintained that the tariffs were necessary to address trade imbalances. The Trump administration has signaled a willingness to negotiate with China to ease trade tensions, but talks have not yet begun. The early effects of the tariffs are already being felt by American consumers, with some Chinese retailers passing on the increased costs to shoppers. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/04, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2025
  • Accession Number:184874389
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