COLUMBIA, S.C. (WIS) – One local small business is questioning its future as the United States and China agree to a 90-day tariff pause.
It’s an agreement that will slash reciprocal tariffs for now. U.S. tariffs on Chinese imports will be cut from 145 percent to 30 percent, and China’s tariffs on U.S. imports will be cut from 125 percent to 10 percent.
The cut will provide some temporary relief for American companies sourcing their products from China but still leaves unanswered questions about the future cost of tariffs…