A majority of U.S. business owners are worried about supply chain disruptions from President Donald Trump's sweeping tariffs, a survey by insurance brokerage Gallagher showed on Tuesday. WHY IT'S IMPORTANT The findings come as Trump's tariff policies raise fears of renewed trade friction,

US President Donald Trump's tariff policy is proving ill-suited, and even counterproductive, for the US supply chain in dealing with China's expanding global manufacturing dominance, witnesses said in a government hearing in Washington Thursday.

Without certainty, it's impossible to make the difficult decisions needed to mitigate any potential impacts from tariffs.

Trump said in his Truth Social post that the hour-and-a-half conversation phone call was “focused almost entirely on TRADE,” while the Chinese readout singled out Xi’s stern warning on Taiwan – the reddest of lines for Beijing – and the issue of Chinese student visas.

President Trump and China's Xi Jinping accepted invitations to visit each other's countries during a call about their trade dispute and tariffs.