Reported about 11 hours ago
As U.S.-China trade tensions escalate, Chinese manufacturers, like Danny Lau's factory in Dongguan, face substantial tariffs impacting their businesses. With tariffs reaching as high as 145%, many are exploring new markets outside the U.S. Despite challenges, some companies have successfully pivoted to Southeast Asia and other regions, while others still find the U.S. market's demand hard to replicate.
Source: YAHOO