{"id":40749,"date":"2025-05-06T06:54:58","date_gmt":"2025-05-06T06:54:58","guid":{"rendered":"https:\/\/news2shorts.com\/index.php\/2025\/05\/06\/chinas-service-sector-hit-by-trade-war-ford-predicts-1-5bn-profit-hit-from-trump-tariffs-business-live\/"},"modified":"2025-05-06T06:54:58","modified_gmt":"2025-05-06T06:54:58","slug":"chinas-service-sector-hit-by-trade-war-ford-predicts-1-5bn-profit-hit-from-trump-tariffs-business-live","status":"publish","type":"post","link":"https:\/\/news2shorts.com\/index.php\/2025\/05\/06\/chinas-service-sector-hit-by-trade-war-ford-predicts-1-5bn-profit-hit-from-trump-tariffs-business-live\/","title":{"rendered":"China\u2019s service sector hit by trade war; Ford predicts $1.5bn profit hit from Trump tariffs \u2013 business live"},"content":{"rendered":"<p>Rolling coverage of the latest economic and financial news<\/p>\n<ul>\n<li><a href=\"https:\/\/www.theguardian.com\/film\/2025\/may\/05\/fears-trump-foreign-film-tariffs-wipe-out-uk-movie-industry\">Trump\u2019s foreign film tariffs could \u2018wipe out\u2019 UK movie industry, ministers told<\/a><\/li>\n<\/ul>\n<p><strong><br \/><\/strong><\/p>\n<p><strong>American children face paying higher prices for Barbie dolls due to the Trump tariffs on imports.<\/strong><\/p>\n<p><strong>Mattel<\/strong>, the toy manufacturing giant, revealed last night that it plan to raise prices on American toys due to tariffs, and is also looking to move some manufacturing out of China.<\/p>\n<p>Accelerating diversification of its supply chain and further reducing reliance on China-sourced product,<\/p>\n<p>Optimizing product sourcing and product mix, and<\/p>\n<p>Where necessary, taking pricing action in its U.S. business.<\/p>\n<p>In an uncertain macro environment that has intensified due to the potential impact of tariffs, we are focused on what we can control.<\/p>\n<p>We are improving our supply chain agility, taking decisive cost actions to mitigate financial impact where possible, and ensuring we can continue to serve our customers and consumers.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/business\/live\/2025\/may\/06\/trade-war-china-service-sector-uk-eurozone-ford-tariffs-bp-shell-oil-business-live-news\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rolling coverage of the latest economic and financial news Trump\u2019s foreign film tariffs could \u2018wipe out\u2019 UK movie industry, ministers told American children face paying higher prices for Barbie dolls due to the Trump tariffs on imports. Mattel, the toy manufacturing giant, revealed last night that it plan to raise prices on American toys due &#8230; <a title=\"China\u2019s service sector hit by trade war; Ford predicts $1.5bn profit hit from Trump tariffs \u2013 business live\" class=\"read-more\" href=\"https:\/\/news2shorts.com\/index.php\/2025\/05\/06\/chinas-service-sector-hit-by-trade-war-ford-predicts-1-5bn-profit-hit-from-trump-tariffs-business-live\/\" aria-label=\"Read more about China\u2019s service sector hit by trade war; Ford predicts $1.5bn profit hit from Trump tariffs \u2013 business live\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-40749","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/40749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=40749"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/40749\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=40749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=40749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=40749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}