[News Brief – April 22, 2025] — The U.S.-China trade war, which has severely impacted industries including Gua Sha wholesale, may soon see a shift toward de-escalation. The dramatic rise in tariffs imposed by the U.S. on Chinese goods has led to widespread disruptions, with many transactions between the two countries coming to a halt. This has resulted in significant price increases for goods in the U.S., provoking strong public opposition.
Such tariffs, deemed unsustainable by many, may not last much longer. Recently, officials from the U.S. White House have indicated a potential softening of stance.
On Tuesday (April 22), U.S. President Donald Trump, during an interview at the White House, stated that the U.S. would approach negotiations with China in a “very friendly” manner. He anticipates a major reduction in tariffs on Chinese imports once an agreement is reached, although tariffs will not drop to zero. – from https://www.dw.com/zh
On Wednesday, U.S. Treasury Secretary Scott Bessent, attending the annual meetings of the International Monetary Fund (IMF) and the World Bank, echoed these sentiments. He emphasized the importance of easing tensions between the two largest economies and recalibrating their trade relationship. He noted that for meaningful trade talks to take place, both countries would need to lower their excessively high tariffs but reiterated that the U.S. would not unilaterally reduce tariffs on China.
This signals a potential end to the ongoing tariff dispute. While China has stated that no direct negotiations over tariffs have taken place, it is clear that the U.S. has begun to acknowledge the severe impacts of the tariff policies.
The de-escalation of tariff tensions could revive trade between the two nations, potentially benefiting industries like Gua Sha wholesale. However, it is expected that Chinese products will not return to pre-trade war price levels. There has been strong demand from both Chinese businesses and the public for higher export prices to the U.S. Despite this, the prices will still remain considerably lower than they would under the current high-tariff regime.
In the short term, the Gua Sha wholesale industry may experience a recovery and get back on track.
