Reported 2 days ago
Chinese exporters are expressing concern that recent US tariffs will not only impact their businesses but also lead to higher costs for American consumers. Sunny Hu, a furniture manufacturer, shared her struggles as orders from US clients declined due to the tariffs imposed by the Trump administration. This financial pressure has prompted discussions about who will ultimately bear the cost of these levies, indicating that American consumers may face increased pricing as exporters negotiate to maintain market access. The broader trade environment remains uncertain, with potential further tariffs looming and other countries considering similar protectionist measures.
Source: YAHOO