Tuesday, 10 Jun 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • House
  • White
  • VIDEO
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Colossal
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Economy > Analysis-Tariff cuts ease mass China layoffs threat, but job market pain persists
Economy

Analysis-Tariff cuts ease mass China layoffs threat, but job market pain persists

Last updated: May 16, 2025 11:35 pm
Share
Analysis-Tariff cuts ease mass China layoffs threat, but job market pain persists
SHARE

The recent trade tensions between the United States and China have had a significant impact on the job market in China, particularly in industries heavily reliant on exports. Chinese worker Liu Shengzun is one of many who have felt the effects of the escalating tariffs, losing two jobs in just one month as import duties soared to triple digits in April.

The sudden increase in tariffs led to a reduction in output at a Guangdong lighting products factory and a footwear maker, ultimately resulting in job losses for workers like Liu. With the tariffs now decreasing, there is some relief for workers, but the economic damage caused by the trade war remains.

While the recent talks in Geneva have helped to prevent mass layoffs and maintain social stability in China, the lingering tariffs are still high enough to hinder economic growth and continue to impact the job market. Economists and policy advisers warn that the current tariff levels, even after the reduction, will pose challenges for Chinese businesses and could lead to further job losses.

Despite efforts by the Chinese government to mitigate manufacturing job losses through increased state investment in public projects and stimulus measures, the job market remains unstable. The People’s Bank of China has introduced new measures to provide financial support for services and elderly care, but the overall impact of the tariffs on employment is still uncertain.

Analysts believe that the unpredictability of U.S. President Donald Trump’s tariff policies is a major obstacle to job creation in China, as exporters remain cautious about the future. Workers like Li Qiang, who lost his job at an export company and now works as a ride-hailing driver, are hesitant to return to the export sector due to the uncertain nature of Trump’s trade policies.

See also  European airlines urge EU to pull back on climate policies

Overall, the trade tensions between the U.S. and China have had a lasting impact on the job market in China, with millions of jobs at risk and economic growth expected to slow. The Chinese government is working to support employment through increased investment and stimulus measures, but the effects of the trade war continue to be felt by workers like Liu and Li.

TAGGED:AnalysisTariffChinacutsEasejobLayoffsmarketmasspainpersistsThreat
Share This Article
Twitter Email Copy Link Print
Previous Article Who needs Eurovision when we have the Dance Your PhD contest? Who needs Eurovision when we have the Dance Your PhD contest?
Next Article Ivanka Trump Leaves Cute Note In Eli Ricks’ Locker After Social Media Crushing Ivanka Trump Leaves Cute Note In Eli Ricks’ Locker After Social Media Crushing
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

Ancient camp shows how humans adapted to extreme cold in Europe

Reindeer Fur: A Vital Resource for Ancient Humans During the Last Glacial Maximum Reindeer fur…

April 25, 2025

What’s New on Apple TV+ in June 2025

Apple TV+ has always had a solid lineup of original content, but in June, the…

June 1, 2025

When WWE legend went off script and kissed Becky Lynch on live TV

WWE has had its fair share of controversial moments over the years, and one incident…

November 7, 2024

Google Search Live Brings Gemini Camera and Screen sharing to Search and iOS

Google has exciting news for smartphone users with the expansion of its powerful Gemini Live…

May 21, 2025

Here’s What Happens if Trump Tax Cuts Aren’t Extended – The White House

Democrat Rep. Steve Horsford recently proclaimed that implementing “the biggest tax cut in history” would…

April 10, 2025

You Might Also Like

Earn 0 in cash and cash-back rewards with these Capital One student credit cards
Economy

Earn $100 in cash and cash-back rewards with these Capital One student credit cards

June 10, 2025
An ever riskier world economy
Economy

An ever riskier world economy

June 10, 2025
Wells Fargo says consumer loan growth to stay muted or drop this year
Economy

Wells Fargo says consumer loan growth to stay muted or drop this year

June 10, 2025
A Terrible Track Record on Trade Negotiations
Economy

A Terrible Track Record on Trade Negotiations

June 10, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?