Reported 3 days ago
As escalating tariffs between the U.S. and China threaten trade relations, Chinese businesses are grappling with their future. Exporters like Zou Guoqing express disbelief at the surging tariffs, which could reach as high as 145%. With both nations imposing significant tariffs, many in China fear a decoupling of the economies. Experts warn that prolonged tariffs could result in irreversible shifts in trade dynamics, prompting Chinese firms to consider diversifying their markets or even relocating production. Despite the challenges, some exporters remain hopeful for negotiations that might ease the tension.
Source: YAHOO