First, relief. Then, a scramble to get stuff in after U.S. cuts China tariffs for now

Why is Microsoft cutting 3% of its workforce? How did the US-China tariff truce impact markets? Why did UnitedHealth Group's CEO suddenly resign? What caused Nissan's massive job cuts and losses? How will Trump's drug price executive order affect pharma? What are the effects of US tariff cuts on imports? Why is McDonald's planning a major US hiring spree? How did Coinbase's S&P 500 inclusion affect its stock? What is behind the surge in Saudi-US investment deals?

First, relief. Then, a scramble to get stuff in after U.S. cuts China tariffs for now

npr.org/2025/05/13/nx-s1-5395866/us-china-tariffs-trade-deal

First, relief. Then, a scramble to get stuff in after U.S. cuts China tariffs for now
For Bonnie Ross, a clothing importer based in New York, news that the U.S. would temporarily cut tariffs on China came as a relief — at least for a short time.
"It was a great relief for about five…

This story appeared on npr.org, 2025-05-13 11:57:13.869000.