US EditionChinese fabric exporters anxious for US trade patch-up
- Cherry, a textiles exporter in one of China’s largest fabric markets, awaited trade talks with the US starting Saturday in Geneva.
- The talks follow an escalated standoff between Washington and Beijing triggered by wide-ranging US tariffs on Chinese goods.
- Chinese exporters face reciprocal tariffs up to 145 percent from the US and 125 percent from China, causing cancelled orders and halted production.
- Sales to the US represented about 18 percent of China's textile exports in 2024, with companies like Cherry relying on US clients for half their business.
- Exporters characterized the current trade environment as highly detrimental to business, expressing strong hopes that the ongoing negotiations will lead to a reduction in tariffs and foster a mutually beneficial relationship.
Insights by Ground AI
Does this summary seem wrong?
25 Articles
25 Articles
All
Left
2
Center
4
Right
5
North Carolina's Valdese Weavers addresses tariff concerns with an eye on upholstery buyers - Furniture Today
HIGH POINT — One of the prevalent conversations at the spring High Point Market centered around concerns over the potential of tariffs on the fabric and leather categories as upholstery buyers begin placing their orders for fall introductions. North Carolina-based Valdese Weavers is ready to provide solutions, according to Patrick Shelton, senior vice president, sales and marketing. Described by company officials as “passionate about Valdese’s d…
Coverage Details
Total News Sources25
Leaning Left2Leaning Right5Center4Last UpdatedBias Distribution45% Right
Bias Distribution
- 45% of the sources lean Right
45% Right
L 18%
C 36%
R 45%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
