San Francisco, CA
Tariffs imposed on China bring concerns to San Francisco Chinatown business owners
A hefty 54% tax imposed by President Donald Trump on imports from China poses an existential crisis for San Francisco’s Chinatown businesses, which have just started to bounce back after pandemic losses.
Nany Yu travels to China every April to meet with suppliers and manufacturers. This time, she said, a lot is riding on the trip as she hopes to strike a deal to avoid passing the high import tax onto her customers.
Everything in her gift shop comes direct from overseas, and she’s concerned it’s about to cost more.
“Whenever there’s a price adjustment or tariffs, I just have to eat that up and lower my profit so I need to go to China and talk with my supplier if I can get a discount,” Yu said.
Yu said she’s not the only business owner feeling the pressure.
“Groceries, jewelry shops, clothing, gift shops, we all feel the pain,” she said.
In the past, Chinatown businesses found a tariff workaround by having suppliers send goods to Vietnam, Latin America, or Africa. Now, with President Trump’s sweeping tariffs across the globe, they have fewer options.
During President Trump’s first term, Ker Gibbs, president of the American Chamber of Commerce in Shanghai, worked directly with the president and Chinese government officials to find a workaround for the tariffs imposed. This time, Gibbs said the tariffs are higher, and the U.S. strategy is less clear.
“Are these permanent tariffs where he’s restructuring the whole global trading system, or is this a negotiating position,” he said.
All the uncertainty sent stocks plummeting in the Asia-Pacific markets and leaving investors questioning the decision.
“So what does this mean for the global economy? Are we about to experience a recession here in the US and all over the world?” said Anastassia Fedyk, assistant professor of finance at Haas School of Business at UC Berkeley.
Yu said she hopes she and others can get through the uncertainty.
“Hopefully, we can still survive and go through this together,” she said.
San Francisco, CA
Body cam footage released in South San Francisco police shooting
(KRON) — The South San Francisco Police Department released video Thursday showing what led up to two officers shooting a man who authorities said was armed with a knife.
On December 8 at around 5:10 a.m., police arrived at the 900 block of Sandra Court on the report of a man under the influence of drugs and making threats to kill himself. When officers made contact with the man, identified as 28-year-old Luis Francisco-Manzo, he initially complied with orders, authorities said.
Officer-worn body camera video shows Francisco-Manzo walking toward officers in the entrance hallway of an apartment complex with his arms raised. A small dog barks as officers give repeated commands. Suddenly, Francisco-Manzo appears in the entranceway next to officers as one calls out, “He’s got a knife.”
Officer Brendan Hart, who has been with SSFPD for eight years, fired a Taser at Francisco-Manzo, but it did not have the intended effect, police said.
Four gunshots are heard in the body camera video. Police said Officer Hart and Officer Martin Corona were the officers who discharged their weapons. Officer Corona has seven years of law enforcement experience with over four years at SSFPD.
Francisco-Manzo was transported to the hospital in critical condition. On Thursday, authorities said he continues to recover in the hospital. No officers were injured in the incident.
The police shooting remains under investigation by the San Mateo County District Attorney’s Office.
San Francisco, CA
Pedestrian killed in San Francisco hit-and-run crash
SAN FRANCISCO – A hit-and-run crash in San Francisco on Wednesday evening left a pedestrian dead.
Driver fled scene
What we know:
According to the San Francisco Police Department, the crash happened around 6:05 p.m. in the 5500 block of Mission Street. The driver fled the scene after striking the pedestrian.
The victim died at the scene.
Officers have not yet provided a description of the suspect vehicle involved in the incident.
No further details were immediately released.
San Francisco, CA
San Francisco: Anti-ICE protester gets probation for ‘depredation’ of ICE van’s tire
SAN FRANCISCO — A protester who was initially charged with misdemeanor assault has been sentenced to probation for a less serious offense, ending a federal prosecution that only started four months ago, court records show.
On Dec. 8, Angelica Guerrero, 35, pleaded guilty to misdemeanor “depredation” of an ICE van’s tire — a fancy legal term for slashing it with a knife. The same day, a federal judge sentenced Guerrero to probation, according to a minute order of the hearing.
The charge stemmed from an Aug. 20 protest, when Guerrero slashed the tire of an unmarked Chevrolet van being used in an ongoing “enforcement and removal” operation by the Department of Homeland Security on the 100 block of Montgomery Street, according to prosecutors. The complaint alleges that Guerrero “made repeated threats” against one of the officers, including stating, “I’m going to (expletive) you up” and “I’m going after your family,” as well as threatening to stab the officer.
Guerrero was released within 48 hours but complained of “barbaric” conditions inside Santa Rita Jail, during an interview with ABC7.
-
Iowa4 days agoAddy Brown motivated to step up in Audi Crooks’ absence vs. UNI
-
Washington1 week agoLIVE UPDATES: Mudslide, road closures across Western Washington
-
Iowa5 days agoHow much snow did Iowa get? See Iowa’s latest snowfall totals
-
Maine2 days agoElementary-aged student killed in school bus crash in southern Maine
-
Maryland4 days agoFrigid temperatures to start the week in Maryland
-
Technology1 week agoThe Game Awards are losing their luster
-
South Dakota4 days agoNature: Snow in South Dakota
-
Nebraska1 week agoNebraska lands commitment from DL Jayden Travers adding to early Top 5 recruiting class
