tariffs

TikTok Shop flags US risks, promotes EU market as Trump triples tariffs on small parcels – Go Health Pro

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TikTok Shop flags US risks, promotes EU market as Trump triples tariffs on small parcels – Go Health Pro

TikTok Shop, a major e-commerce platform connecting Chinese vendors with overseas consumers, has flagged US tariff risks to its merchants, as well as promoting European sites, after US President Donald Trump tripled tariffs on small parcels exported from mainland China and Hong Kong, which were previously exempt from duties. The ByteDance-owned platform has informed merchants … Read more

Asian markets plunge after China’s retaliation to Trump’s tariffs’ – Go Health Pro

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Asian markets plunge after China’s retaliation to Trump’s tariffs’ – Go Health Pro

A screen displaying the Hang Seng stock index is seen at Central district, in Hong Kong, China, on April 7, 2025.  TYRONE SIU / REUTERS Asian markets collapsed Monday, April 7, after China hammered the United States with its own hefty tariffs, ramping up a trade war that many fear could spark a recession. Trading … Read more

Trump’s China tariffs reportedly tanked the TikTok deal – Go Health Pro

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Trump’s China tariffs reportedly tanked the TikTok deal – Go Health Pro

President Donald Trump’s plans to enable a US acquisition of TikTok have been thwarted by Trump’s plans to tariff the shit out of China. According to The Verge, the new global tariffs imposed on China and dozens of other nations “seemingly torpedoed” plans for candidates — mostly like Oracle — to take over the ByteDance-owned app. … Read more

Reciprocal Tariffs Actually Make Wealthy Americans Even Richer – Go Health Pro

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Reciprocal Tariffs Actually Make Wealthy Americans Even Richer – Go Health Pro

Reciprocal tariffs will drive up the cost of most goods, making everyday life more expensive for American households. According to Fitch Ratings, the U.S. tariff rate on all imports has jumped from 2.5% in 2024 to around 22% today. Some research firms estimate the percentage is closer to 30%. As a result, more Americans may … Read more

How the EU and UK should respond to Trump’s Liberation Day tariffs – Go Health Pro

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How the EU and UK should respond to Trump’s Liberation Day tariffs – Go Health Pro

The tariffs implemented by the Trump administration on 2 April are on a scale last seen in the 1930s, writes Robert Basedow. Effective diplomacy, strategic retaliation, cooperation with third countries and domestic reform will be needed to mitigate the damage for the EU and UK. On 2 April, the Trump administration announced the introduction of … Read more