Daily Life In Guangzhou, China
Large bins of rice and beans are on display at a grocery store as daily life continues in Guangzhou, China, on May 8, 2025. The year 2025 marks a significant escalation of the US-China trade conflict under the second Trump administration. A series of increasing tariffs leads to the U.S. imposing a 145% tariff on Chinese goods, and China imposing a 125% tariff on American goods; these measures are forecast to cause a 0.2% loss of global merchandise trade. (Photo by Matt Hunt/NurPhoto)
| ID: | 12342792 |
|---|---|
| Date: | 8 May 2025 |
| Location: | N/A |
| Copyright: | Matt Hunt/NurPhoto |
| Category: | Human Interest |
| Instructions: | Restricted to Editorial Use Only. Commercial use is not permitted without prior authorization. Please contact us for more information. |
Keywords
China
Economy
Guangzhou
Mainland China
Trade
rice
beans
grocery store
Guangzhou
China
May 8
2025
US-China trade conflict
second Trump administration
tariffs
145% tariff
Chinese goods
125% tariff
American goods
global merchandise trade
economic impact
trade escalation
international trade
trade war
trade measures
economic forecast
trade loss
tariff increase
trade relations
trade policy
economic relations
trade imbalance
market impact
trade negotiations
economic sanctions
import tariffs
export tariffs
trade barriers.
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