“GETTING HAMMERED”: China Manufacturing Plummets

Factories are closing “all over China.”

Trump’s tariff plan is working but you won’t see this in the dying, legacy media.

PRESIDENT: “The tariffs haven’t kicked in yet….But I know that China is doing very poorly right now. I just saw some reports coming out, and I don’t want that to happen to China. I like President Xi a lot. I was actually saddened to hear but they are getting absolutely hammered in China. They’re sending boats, the biggest boats in the world, carrying cargo like nobody’s ever seen before and they’re turning around in the Pacific Ocean. They’re doing a big U turn and going back because they don’t want the goods, because of the 145% tariff. But at a certain point, I hope we’re going to make a deal with China. We’re talking to China, but their factories are closing all over China because we’re not taking their product. We don’t want their product, unless they’re going to be fair with us, and that includes intellectual property and other things there are a lot of things far beyond just buy, sell, so we’ll see what happens. Somebody said, were you happy? I said I am not happy I want China to do well. I want every country to do well, but they have to treat us fairly also.”:

“I dont’ want this happen but I know that China is doing poorly right now.”
“They are fetting hammered in China” They are sending the biggrst boats in the world and they are turning aoroiud in the Pacific iocean becaue they dont wantg the goods 145%

Breaking
China caves on 125% tariff for major US export after White House predicts Beijing can’t keep up

Chinese export plunges. Manufacturing activity plummets
. pic.twitter.com/UOIWujavvH

— Avarodh (@avarodh01) April 30, 2025

Breaking: Trump says he wants China to do well but they have to treat us fairly. He said he was sad to learn big ships filled with goods were turning around (due to cancellations.

Trump Cabinet meeting #TrumpTariffs

— Leigh10021 (@tarheel_texas) April 30, 2025

China manufacturing activity plummets amid Trump tariff war

Index of activity drops to lowest reading since December 2023 as a result of ‘sharp changes’ in international trading

By: Amy Hawkins and agencies, 30 Apr 2025 01.30 EDT

China’s factory activity slowed in April, with Beijing blaming “sharp changes” in the global economy as it fights a widening trade war with the US.

Punishing tariffs introduced by Donald Trump that reached 145% on many Chinese products came into force in April, and Beijing responded with 125% duties on imports from the US. Chinese exports soared more than 12% last month as businesses rushed to get ahead of the punishing tariffs.

The impact of the measures began to show in official data on Wednesday, with the purchasing managers’ index – a key measure of industrial output – falling to 49.0 in April, according to the National Bureau of Statistics, the lowest reading since December 2023. Anything below the 50-point mark signifies a contraction.
Xi Jinping applauds while seated in front of flags, as two men in the foreground take part in a signing ceremony
Xi announces plan for Chinese economy to counter impact of US trade war
Read more

The reading for April represented a steeper decline than the 49.7 forecast in a Bloomberg survey. It was down from March’s 50.5, which was the highest figure in 12 months.

Zhao Qinghe, an NBS statistician, said the drop was largely down to “sharp changes in [China’s] external environment”.

Economists have warned that the disruption in trade between the tightly integrated US and Chinese economies could threaten businesses, increase prices for consumers and cause a global recession.

“The weak manufacturing PMI in April is driven by the trade war,” Zhiwei Zhang, the president and chief economist at Pinpoint Asset Management, wrote in a note. “The macro data in China and the US will weaken further … as the trade policy uncertainty delays business decisions.”

Goldman Sachs has estimated that 16m jobs in China could be at risk if the high tariffs persist, mainly in the export, wholesale and retail industries.

A new US measure to close a loophole that had allowed low-value goods to be shipped into the US for free comes into effect on Friday, which will mainly affect Chinese businesses.

More than 90% of packages arriving in the US come under the “de minimis” scheme, which allows items with a value under $800 (£599) to evade duties. From Friday, those goods, which have fuelled the rise of e-commerce companies such as Temu and Shein, will be subject to a 120% levy or a flat fee.
Sidelong photo of a Boeing 737 MAX airliner painted blue and white in Xiamen Airlines on an airstrip with infrastructure visible in the background
China sends back new Boeing jet made more expensive by tariffs
Read more

China’s economy, the world’s second largest, has struggled to fully recover since the Covid pandemic and is also grappling with sluggish domestic demand and a protracted property sector crisis.

“China’s economy is coming under pressure as external demand cools,” said Zichun Huang, a China economist at Capital Economics, in a note. “Although the government is stepping up fiscal support, this is unlikely to fully offset the drag, and we expect the economy to expand just 3.5% this year.”

Authorities last year announced a slew of aggressive stimulus measures aimed at boosting growth, including rate cuts and the easing of some home purchasing restrictions.

On top of this, leaders at a key political meeting vowed to create 12m urban jobs in 2025 in March.

Continued….