# US tariffs
Latest news and articles about US tariffs
Total: 2 articles found
US Tariffs Cripple China’s ‘Golf‑Cart’ Maker — A Costly Pivot into Semiconductors Fails to Plug the Gap
Greentong Technology’s profitability plunged in 2025 after US tariffs and a trade probe slashed American sales by nearly 80%. A 51% acquisition of a semiconductor firm raised consolidated revenue but failed to rescue margins, leaving the company with heavy impairment charges and uncertain prospects. The case highlights the vulnerability of export‑dependent Chinese manufacturers to trade remedies and the risks inherent in rapid, cross‑sector pivots.
China Holds Fire on LPR for Eighth Month as Markets Brace for Possible Q2 Rate Cut
China left its LPR unchanged for an eighth straight month on January 20, with the one‑year rate at 3.00% and the five‑year+ at 3.50%. Forecasters warn that worsening export pressures from higher U.S. tariffs could prompt Beijing to follow early targeted easing with a broader policy rate cut in Q2, which would likely push mortgage and corporate lending rates lower.