China Hit By Worker Protests Over Unpaid Wages, Factory Shutdowns Amid Trump Tariffs
May 5th, 2025Via: ZeroHedge:
President Donald Trump’s hard-hitting tariffs on China appear to be taking a toll, disrupting Chinese factories and sparking worker protests over unpaid wages.
As we noted late last month based on reporting by the Financial Times, factories across all of China have begun shutting down and furloughing workers “as the trade war unleashed by US President Donald Trump dries up orders for products ranging from jeans to home appliances.”
With most Chinese goods now facing US duties of at least 145%, or simply lacking the raw materials needed to process goods and sent them onward to the US, Chinese factory owners told the FT that American customers have cancelled or suspended orders, forcing them to cut production.