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US tariffs exceed Chinese industries' profit margins, risking layoffs and bankruptcies.
A new analysis by Bloomberg Economics shows that most Chinese industries can't sustain the 40% tariffs imposed by the US, significantly higher than their average 14.8% profit margins.
Textiles, IT, and furniture manufacturing are most at risk.
Only pharmaceuticals, tobacco, and oil and gas have wider profit margins.
The tariffs could lead to layoffs, bankruptcies, and price cuts, as China relies heavily on US markets.
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Los aranceles estadounidenses exceden los márgenes de ganancias de las industrias chinas, lo que pone en riesgo los despidos y las quiebras.