While President Donald Trump rallies the American stock market and narrows the scope of his active tariffs to fall largely on China, factories foundational to the communist country’s hope for a continued economic boom are receiving horrible news.
The true nightmare for the foreign factories began with Trump’s April 9 Truth Social post revealing a 90-day pause in reciprocal tariffs for countries that have agreed to sit in good faith at the negotiating table.
In the same announcement, the president noted China’s “lack of respect” for world markets and raised that country’s tariffs to an eye-watering 125 percent.
“At some point, hopefully in the near future,” Trump wrote, “China will realize that the days of ripping off the U.S.A., and other Countries, is no longer
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