BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home FINANCE

Trump’s Tariffs Spark Unrest as Chinese Factories Shut Down: Is China About to Make a Move?

Michael Juanico by Michael Juanico
May 6, 2025
in FINANCE, OPINION, POLITICS
Share on XShare in TelegramShare on Reddit
  • Chinese factory workers are protesting unpaid wages as U.S. tariffs trigger mass closures and layoffs.
  • Trump’s 145% tariff on Chinese imports may put up to 16 million jobs at risk, sparking national unrest.
  • Despite growing tensions, Trump says he has no plans to speak with Xi, while China scrambles to strengthen ties abroad.

Factory workers across China are hitting the streets in growing numbers—angry, tired, and unpaid. The reason? U.S. tariffs, and more specifically, Trump’s aggressive 145% duty on Chinese imports that’s squeezing the life out of local industries.

JUST IN: 🇺🇸 President Trump says China is eager for a trade deal but will meet “when the time is right” 🤔 https://t.co/QNj4xNAGEr

— BlockNews (@blocknewsdotcom) May 6, 2025

According to Radio Free Asia, demonstrations over back pay and sudden layoffs have started popping up all over the country. Entire factories are shutting down with no notice, no compensation, nothing. It’s chaos for folks who rely on those jobs just to make it day by day.

Factories fold, protests grow

In the southern province of Hunan, a sports gear factory shut its doors without warning last month—workers didn’t get severance or even basic social security coverage. Naturally, hundreds protested. In Tongliao, construction workers threatened to jump off buildings unless their back wages were paid. That’s how dire things have gotten.

One 26-year-old toy factory worker in Zhejiang told the Financial Times his company made him take two unpaid weeks off because the U.S. was their main customer—and orders have basically dried up.

Economists aren’t surprised. Goldman Sachs estimates the tariffs could put 16 million Chinese jobs at risk across various sectors. Sixteen million.

Tariffs hit hard, Beijing scrambles

China’s industrial sector is clearly hurting. In April, factory activity slumped harder than it had in over a year. New export orders? Lowest they’ve been since the early pandemic days. Even Beijing’s top brass admitted the tariffs are having a real impact.

And while President Xi hasn’t addressed the unrest directly, he’s been quietly making moves—visiting neighboring countries like Vietnam and Cambodia, and sending diplomats to Europe and the UK to, well, patch things up or find new allies.

Foreign Minister Wang Yi has also been reaching out overseas, trying to soften the economic fallout. But back home? The discontent is simmering.

Trump says everything’s “fine,” but talks? Not happening

Trump, meanwhile, insists things are going “fine with China,” though he told reporters aboard Air Force One this weekend he doesn’t plan to talk to President Xi anytime soon. “Our people are talking,” he said, without offering much else.

🚨 DONALD TRUMP: WE LOSE NOTHING BY NOT TRADING WITH CHINA 👀 pic.twitter.com/0Rw7xd8pWq

— BlockNews (@blocknewsdotcom) May 6, 2025

He also posted on Truth Social about the ongoing situation, claiming the U.S. doesn’t need anything from China anymore—cars, lumber, energy, whatever. “They need everything from us,” he wrote. Bold claim.

Still, between the protests, collapsing exports, and rising anxiety among China’s industrial leaders, it’s clear these tariffs are shaking more than just trade numbers—they’re shaking livelihoods.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: ChinaFinancial TimesGoldman SachsRadio Free AsiaU.S. tariffs
Tweet1ShareShare
Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

DON'T MISS THESE! HOT OFF THE PRESS

XRP Risks a Dip to $1.98 – Here is What Traders Should Watch as Institutions Keep Accumulating
CRYPTO

XRP Risks a Dip to $1.98 – Here is What Traders Should Watch as Institutions Keep Accumulating

December 14, 2025
XRP Holds Demand Zone as Momentum Weakens – Here is Why the Next Move Could Be Sharp
CRYPTO

XRP Holds Demand Zone as Momentum Weakens – Here is Why the Next Move Could Be Sharp

December 14, 2025
Ethereum Demand Recovers but Bears Still Lead – Here is The $3K Support Level Traders Must Watch
CRYPTO

Ethereum Demand Recovers but Bears Still Lead – Here is The $3K Support Level Traders Must Watch

December 14, 2025
Hedera Launches RWA DeFi Demo for Real Estate – Here is How Tokenized Property Could Work on Web3
CRYPTO

Hedera Launches RWA DeFi Demo for Real Estate – Here is How Tokenized Property Could Work on Web3

December 14, 2025
Dogecoin Price Warning Flashes in Late 2025 – Here is Why $0.10 and $0.062 Are the Key Levels
CRYPTO

Dogecoin Price Warning Flashes in Late 2025 – Here is Why $0.10 and $0.062 Are the Key Levels

December 14, 2025
Cardano’s Midnight Token NIGHT Surges – Here is What $1B in Trading Volume Signals for 2025
CARDANO

Cardano’s Midnight Token NIGHT Surges – Here is What $1B in Trading Volume Signals for 2025

December 14, 2025
Load More

Related News

XRP Risks a Dip to $1.98 – Here is What Traders Should Watch as Institutions Keep Accumulating

XRP Risks a Dip to $1.98 – Here is What Traders Should Watch as Institutions Keep Accumulating

December 14, 2025
XRP Holds Demand Zone as Momentum Weakens – Here is Why the Next Move Could Be Sharp

XRP Holds Demand Zone as Momentum Weakens – Here is Why the Next Move Could Be Sharp

December 14, 2025
Ethereum Demand Recovers but Bears Still Lead – Here is The $3K Support Level Traders Must Watch

Ethereum Demand Recovers but Bears Still Lead – Here is The $3K Support Level Traders Must Watch

December 14, 2025
Hedera Launches RWA DeFi Demo for Real Estate – Here is How Tokenized Property Could Work on Web3

Hedera Launches RWA DeFi Demo for Real Estate – Here is How Tokenized Property Could Work on Web3

December 14, 2025
Dogecoin Price Warning Flashes in Late 2025 – Here is Why $0.10 and $0.062 Are the Key Levels

Dogecoin Price Warning Flashes in Late 2025 – Here is Why $0.10 and $0.062 Are the Key Levels

December 14, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews