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Trump's China Tariffs Set to Unleash Supply Shock on US Economy [Yahoo! Finance]
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Why Car YouTuber Matt Farah Is Fighting for Walkable Cities Newsom Says California Is Now the World's Fourth-Biggest Economy At Bryn Mawr, a Monumental Plaza Traces the Steps of Black History Los Angeles Downgraded to AA- by S&P Due to Budget Woes US Cricket Deepens Bet on Texas With HQ Shift From California President Donald Trump's tariff onslaught has roiled Washington and Wall Street for nearly a month. If the trade war persists, the next upheaval will hit much closer to home. Since the US raised levies on China to 145% in early April, cargo shipments have plummeted, perhaps by as much as 60%, according to one estimate. That drastic reduction in goods from one of the largest US trading partners hasn't been felt by many Americans yet, but that's about to change. By the middle of May, thousands of companies — big and small — will be needing to replenish inventories. Giant retailers such as Walmart Inc. and Target Corp. told Trump in a meeting last week that shoppers ar
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