Trump, Donald J

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      Amazon Sellers Struggle with Trump’s Tariff Plans

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      When President Trump announced tariffs this month on goods from all over the world, Jing and Eddie Levine, who sell party supplies on Amazon, were on a flight home to Chicago after visiting suppliers in Asia.Amazon was the center of their life. They met at a conference for Amazon sellers in 2016 and had their first kiss at another Amazon conference two years later. They moved in together and grew their business, Treasures Gifted. When they married in 2022, they threw an Amazon-themed wedding, with guests assigned Amazon product numbers instead of table numbers.The Levines tried to make sense of the news. The giant poster that Mr. Trump pointed to during a Rose Garden ceremony on April 2 showed that China would be hit with large tariffs, but so would every country they had just visited — and almost every country on the planet, for that matter.“Thank God the Wi-Fi on the plane was not bad this time,” Mr. Levine said, “because I would have had a heart attack.”The balloons, plates and decorations that the Levines import are just a speck in the trillions of dollars in goods that swirl around the globe. A week after Mr. Trump announced his so-called reciprocal tariffs, he pulled them back for most countries for at least 90 days, while sending tariffs on China even higher.Countries or major companies may be able to lobby the president for a break, as he seemed to give Apple and other electronics makers over the weekend. But the best the Levines of the world can do is wait for news updates and hope their plans haven’t been shredded by Mr. Trump’s vision for unraveling decades of global trade. And like thousands of other small-business owners who sell online, the Levines are struggling to adapt to an e-commerce system that let them tap into international markets but that is now on the verge of falling apart.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Shein and Temu Will be Hit by Trump’s China Tariffs. Americans Are Worried.

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      The Trump administration’s plan to add steep fees to packages from China will deal a blow to Temu, Shein and some TikTok Shop sellers, worrying American consumers.Tamika Johnson, a 44-year-old in Chicago, posted videos to TikTok this month about her orders from Shein, the Chinese e-commerce giant. She was nervous about potential delivery delays in the face of upcoming tariffs.Her 213,000 followers chimed in as she shared status updates on her purchases of clothing and suitcases, detailing their own plans for last-minute orders and sharing concerns about their shipments.“People are very worried,” Ms. Johnson, who posts to TikTok under the handle @TammyTheBlackPrepper, said in an interview. “I’m trying to stock up on clothes now and the things that I need.”Ms. Johnson is one of many American consumers who have been posting anxiously to TikTok and Reddit about a coming Trump administration-induced change for the Chinese e-commerce companies Shein and Temu, which sell inexpensive items like $8 dresses and $14 wagons. Starting on May 2, the Trump administration is poised to end a trade loophole that enabled the delivery of ultra low-cost goods from Chinese factories straight to Americans’ doorsteps without being subject to duties. That will add steep new fees to packages from Shein and Temu.At least some sellers on TikTok Shop, the popular app’s growing marketplace, and AliExpress, another Chinese e-commerce site, will also take a hit.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Law Firms Made Deals With Trump. Now He Wants More From Them.

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      To avoid retribution, big firms agreed to provide free legal services for uncontroversial causes. To the White House, that could mean negotiating trade deals — or even defending the president and his allies.When some of the nation’s biggest law firms agreed to deals with President Trump, the terms appeared straightforward: In return for escaping the full force of his retribution campaign, the firms would do some free legal work on behalf of largely uncontroversial causes like helping veterans.Mr. Trump, it turns out, has a far more expansive view of what those firms can be called on to do.Over the last week, he has suggested that the firms will be drafted into helping him negotiate trade deals.He has mused about having them help with his goal of reviving the coal industry.And he has hinted that he sees the promises of nearly $1 billion in pro bono legal services that he has extracted from the elite law firms — including Paul, Weiss, Rifkind, Wharton & Garrison; Skadden Arps Slate Meagher & Flom; and Willkie Farr & Gallagher — as a legal war chest to be used as he wishes.“Have you noticed that lots of law firms have been signing up with Trump: $100 million, another $100 million for damages that they’ve done,” Mr. Trump said at an event last week with coal miners, without specifying what he meant by damages.None of the firms have acknowledged any wrongdoing. They were targeted with punitive executive orders or implicit threats for representing or aiding Mr. Trump’s political foes or employing people he sees as having used the legal system to come after him.The deals have been widely criticized, as they are seen by many in the legal community as unconstitutional and undemocratic. Four firms whom Mr. Trump leveled executive orders against have fought them in court, all quickly receiving rulings from federal judges who temporarily halted them.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      China Girds for Economic Stress of Trump’s Tariffs

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      The economy grew steadily from January through March, but U.S. tariffs pose a risk for China in the coming weeks and months.President Trump’s tariffs have been good for China’s economic growth. At least they were over the first three months of the year, as the country’s factories raced to ship exports ahead of the trade restrictions.China’s National Bureau of Statistics reported on Wednesday that the country’s gross domestic product grew 1.2 percent from the last three months of 2024. If that pace continues, the Chinese economy will expand at an annual rate of 4.9 percent.But whether China can maintain that growth is shrouded in uncertainty.Pinned down by tariffs that threaten to freeze trade with its biggest customer, China’s economy is facing one of its greatest challenges in years.Growth in the early months of this year was propelled by rapidly rising exports and the manufacturing investment and production necessary to support those exports. Sales of electric cars, household appliances, consumer electronics and furniture were also strong because of ever-widening government subsidies for buyers.Then on April 2, Mr. Trump started escalating tariffs, which reached an extraordinary 145 percent for more than half of China’s exports to the United States.Mr. Trump’s first two rounds of tariffs on Chinese goods, 10 percent in February and again in March, had little immediate effect on exports. China’s overall exports in March rose 12.4 percent in dollar terms from a year earlier, as some exporters appeared to rush shipments to docks before tariffs could go even higher.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      What to Know as Trump Freezes Federal Funds for Harvard and Other Universities

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      The showdown between the Trump administration and institutions of higher learning intensified on Tuesday, when President Trump threatened Harvard University’s tax-exempt status after the school refused to accept his administration’s demands on hiring, admissions and curriculum.His threat, and the stakes involved, highlighted not only the billions of dollars in government funding that colleges receive every year but how that practice started and what all that money goes toward.When did colleges and universities begin receiving substantial federal funds?Around the time of World War II, the U.S. government started funding universities for the purpose of aiding the war effort, funneling money toward medical research, innovation and financial aid for students.The relationship between the federal government and higher education soon became symbiotic. As the government counted on universities to produce educated and employable students, as well as breakthrough scientific research, universities came to rely on continued funding.In 1970, the government dispersed about $3.4 billion to higher education. Today, individual colleges depend on what could be billions of dollars, which mainly go toward financial aid and research. Harvard alone receives $9 billion.What does the government money fund, and what kinds of programs will lose out if it is cut?The funding freezes have caused work stoppages, cut contracts, imperiled medical research and left students in limbo. Reductions can also affect hospitals that are affiliated with universities, like the Dana-Farber Cancer Institute and Boston Children’s Hospital, both of which are affiliated with Harvard.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Why Harvard Decided to Fight Trump

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      The Trump administration will freeze over $2 billion in federal funds because Harvard refused to comply with a list of demands. Harvard leaders believed saying no was worth the risk.Late last week, officials at Harvard University were trying to decipher what the Trump administration wanted the school to do to combat antisemitism.The government had made some straightforward demands, like requiring the school to ban masks, which are often favored by protesters.But other demands seemed vague.Then, late on Friday night, the federal government sent Harvard a five-page fusillade of new demands that would reshape the school’s operations, admissions, hiring, faculty and student life.It took less than 72 hours for Harvard to say no.The decision is the most overt defiance by a university since President Trump began pressuring higher education to conform to his political priorities.It came after leaders at Harvard, during intense discussions over the weekend, determined that what the government was proposing represented a profound threat to the 388-year-old university’s independence and mission.Harvard has extraordinary financial and political firepower for a clash with Washington. And the university’s leaders watched Columbia University reel, as the Trump administration made more demands, even after the school capitulated.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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      Hong Kong Suspends Packages to the U.S., Wading Into the Trump Trade War

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      The move comes before President Trump’s planned imposition of new tariffs on small packages sent to the United States from Hong Kong and China.Wading into the trade war, Hong Kong said on Wednesday that its postal service will no longer send packages to the United States.It is the city’s first move in a spiraling tit-for-tat trade war between China and the United States that is reordering global shipping routes.President Trump this month ordered the closure of a loophole that allowed retailers to send clothes and goods from China and Hong Kong, a special administrative region, to the United States without having to pay tariffs. After that change takes effect on May 2, United States Customs and Border agents will begin to collect previously exempted tariffs on shipments worth less $800.Hongkong Post said it would immediately stop accepting surface postal items containing goods to the United States. It said it was taking the action in response to President Trump’s tariffs.“The U.S. is unreasonable, bullying and imposing tariffs abusively,” the postal service said in a statement posted to the Hong Kong government’s website.The postal service said it would contact senders who posted packages with goods that have not yet been shipped, to return the packages and refund their postage.“The public in Hong Kong should be prepared to pay exorbitant and unreasonable fees due to the U.S.’s unreasonable and bullying acts,” it said. More

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      Trump Tariffs Could Raise iPhone Prices, But Affordable Options Remain

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      Even if gadget prices surge, we have plenty of cheaper options, like buying last year’s phone model instead of the latest and greatest.On Friday, amid a tariff-induced frenzy that drove hordes of consumers to panic-buy iPhones, President Trump announced a tariff exemption on electronics like smartphones and computers. For a moment, widespread anxiety about a potential $2,000 iPhone dissipated.But two days later, the Trump administration said smartphones and computers were likely to be hit with new tariffs targeting semiconductors, or chips. More expensive iPhones could come after all! Talk about whiplash.Don’t panic. Even if tariffs did cause the iPhone’s price to surge, we would have plenty of cheaper options, like buying last year’s phone model instead of the latest and greatest.The most important lesson we can learn from the turmoil: The only consistent way to save money on tech is to use devices for as long as possible, which requires maintaining them as you would a car, and upgrading only when you must.“Buy the best and drive it into the ground,” said Ramit Sethi, a personal finance expert. “Holding that item for longer will bring down the overall cost of ownership.”There remains lots of uncertainty around future costs of tech hardware in general. Nintendo this month canceled plans to start taking orders for its game console, the $450 Nintendo Switch 2, to evaluate the impact of tariffs on pricing and availability. Costs of some accessories, like phone chargers, power bricks and cases, have already risen on Amazon.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More