{"id":73370,"date":"2025-05-04T08:23:16","date_gmt":"2025-05-04T08:23:16","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/73370\/"},"modified":"2025-05-04T08:23:16","modified_gmt":"2025-05-04T08:23:16","slug":"us-china-trade-war-fuels-job-uncertainty-in-mainlands-cross-border-businesses","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/73370\/","title":{"rendered":"US-China trade war fuels job uncertainty in mainland\u2019s cross-border businesses"},"content":{"rendered":"<p>April marked a sharp shift in the <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/economy\/global-economy\/article\/3308703\/one-month-after-liberation-day-how-has-world-responded-trumps-trade-war?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"noopener\">global trade landscape<\/a>. For employees at companies reliant on cross-border business, it also ushered in a period of deep job uncertainty.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Doris Zhang joined a Shenzhen-based tech company that targets the US market in January. As a fresh graduate, it was her first job, and she was drawn to the promise of designing and executing marketing campaigns for overseas consumers.<\/p>\n<p>But as US President Donald Trump escalated tariffs on Chinese products to 145 per cent in early April, bringing the effective tariff rate to <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3306181\/what-tariff-rate-do-chinas-goods-now-actually-face-us?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"noopener\">about 156 per cent<\/a>, her boss announced a restructuring plan that will hit her department with significant lay-offs.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The initial cost-cutting strategy, Zhang heard, had involved cutting employee benefits to reduce costs. That didn\u2019t happen, but the department\u2019s restructuring \u2013 set to be finalised in May \u2013 has left her frustrated and her job at risk.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cI don\u2019t even know if I can pass probation,\u201d Zhang said, noting that a colleague in her department had failed to become a full-time employee despite meeting all her previously set goals.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cNow I have no motivation to work \u2013 I don\u2019t even have the energy to open recruiting apps and look for new job opportunities.\u201d<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">In response to US tariff hikes, China has raised new levies on American imports to 125 per cent. For Anna Yang, a purchaser at an electronics company in Shenzhen, the shift has seen her moved from the foreign to domestic sourcing department.<\/p>\n","protected":false},"excerpt":{"rendered":"April marked a sharp shift in the global trade landscape. For employees at companies reliant on cross-border business,&hellip;\n","protected":false},"author":2,"featured_media":73371,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[36357,5032,3801,51,1395,36358,32,36359,1700,36356,36355,36354,479,1219,16,15,978,36353,4957],"class_list":{"0":"post-73370","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-anna-yang","9":"tag-april","10":"tag-beijing","11":"tag-business","12":"tag-china","13":"tag-chongqing","14":"tag-donald-trump","15":"tag-doris-zhang","16":"tag-economy","17":"tag-job-uncertainty","18":"tag-lay-offs","19":"tag-restructuring","20":"tag-tariffs","21":"tag-trade-war","22":"tag-uk","23":"tag-united-kingdom","24":"tag-us","25":"tag-us-imports","26":"tag-us-market"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114448603772686809","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/73370","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=73370"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/73370\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/73371"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=73370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=73370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=73370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}