Reuters: Has Trump Canceled Christmas (Decorations)?

Reuters reports:

Chinese producers of plastic Christmas trees and other festive decorations say orders from U.S. clients, which are crucial for their business, should have started to come in by now. But because of surging import tariffs, they haven’t.

U.S. President Donald Trump has raised tariffs on Chinese imports by 104% so far this year in an escalating trade war that threatens great pain for the world’s largest exporter of manufactured goods.

U.S. retailers are almost completely reliant on China for Christmas decorations, where they source 87% of such goods – worth roughly $4 billion. Chinese factories are also heavily dependent on the U.S. market, where they sell half of what they make.

Read the full article.

Has Trump cancelled Christmas? China’s decorations makers report no US orders – www.reuters.com/world/has-tr…

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— Patricia Zengerle (@reuterszengerle.bsky.social) April 9, 2025 at 7:26 AM