Tariffs Trigger Global Selloff

March 7, 2025

US Delays the Hardest-Hitting Tariffs but Raises Duties on Chinese Tea to 152.5% | Japan Adapts to a Matcha Shortfall | China Enjoys a Fine Qing Ming Tea Harvest HolidayHear the Headlines Stock markets plummeted as tariffs spiked US Delays Hardest-Hitting Tariffs President Trump delayed imposing his harshest tariffs for 90 days, then singled out China for retaliation Thursday by increasing levies on Chinese goods to 145%. The new levies triggered China to increase duties to 125%

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Dan Bolton

Dan is an editor and publisher, a podcaster, blogger, and beverage retail consultant. He is a frequent speaker at industry seminars and conferences (virtual and in-person). Dan was the first editor and publisher at World Tea News and has worked as editor and publisher of Tea Magazine and managing editor of STiR coffee and tea. His work appears online and in many magazines. In 2016 he organized the collaborative group of tea journalists and experts who founded Tea Journey magazine and in 2021 launched the Tea Biz podcast. He began his publications career in 1974 as a newspaper reporter.