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Yesterday — 13 April 2025Main stream
Before yesterdayMain stream

Trump’s Tariff Pause Is Less Than Meets the Eye

✇NYT | Top Stories
By: The Editorial Board
12 April 2025 at 19:00
The president extols tariffs as a miracle cure, but using them indiscriminately will only make the economic pain worse.

© Illustration by Rebecca Chew/The New York Times

In South Carolina, a Once Thriving Textile Hub Is Baffled by Trump’s Tariffs

✇NYT | Top Stories
By: Eduardo Medina
12 April 2025 at 17:01
The Upstate region of South Carolina was saved by foreign companies after the fall of its textile industry. Now, tariffs pose another round of uncertainty.

© Will Crooks for The New York Times

Union County, S.C., has not fared nearly as well as nearby areas in reviving its economy after the textile industry collapsed. But in recent years it has recruited some companies, and many locals don’t want to turn back the clock.

For Taiwan’s Small Exporters, the Uncertainty’s as Bad as the Tariffs

✇NYT | Top Stories
By: Chris Buckley， Amy Chang Chien and Lam Yik Fei
12 April 2025 at 12:01
The island’s many small factories have thrived by being frugal — and flexible. But President Trump’s unpredictability is testing their limits.

Alex Tang, right, employs about a dozen people at Aegis CNC, which makes manufacturing equipment in Taichung, Taiwan. He does not export directly to the United States, but many of his customers do.

The ‘China Shock’ Offers a Lesson. It Isn’t the One Trump Has Learned.

✇NYT | Top Stories
By: Ben Casselman
11 April 2025 at 17:03
Economists say the U.S. manufacturing decline in recent decades was not mainly about free trade, but about the pace of change without time to adjust.

© Coley Brown for The New York Times

The opening of U.S. trade with China a quarter-century ago led to a flood of imports that came to be known as the “China shock.”

Trump’s Tariffs Could Impact Apparel Companies That Make Clothing in the U.S.

✇NYT | Top Stories
By: Lydia DePillis
11 April 2025 at 00:21
Even companies that make clothing in America aren’t feeling great about stiff duties on their overseas competition.

© Karsten Moran for The New York Times

Workers in a “cut and sew” apparel factory in the garment district of Manhattan. The factory is a contractor of the fashion brand Outlier.

Companies See China as a Safe Harbor Amid Trump’s Tariffs

✇NYT | China
By: Daisuke Wakabayashi
9 April 2025 at 23:19
The heavy U.S. tariffs on other Asian countries have made China a more appealing option for companies scared to make a hasty decision amid upheaval in global trade.
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