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Sellers in China Trade Hub Seek Tariff Reprieve From Trump Visit
Sellers say tariffs have cut U.S. orders and hope a Trump visit will bring relief, with Guangdong exports hit by duties as high as 145%.
- President Donald Trump is scheduled to visit China on May 14-15, prompting Guangdong manufacturers to hope for tariff reductions that could revive dwindling American orders.
- Factories in Guangdong, China's production heartland, have struggled under a trade war that saw US levies reach 145 percent on many products, while Washington imposed a 10 percent global duty valid for 150 days.
- Zhou Hua, a sales manager at denim company 1988, stated, "It's very clear-- American customers have basically vanished," while Guangdong accounted for a record 9.49 trillion yuan in foreign trade last year.
- While some merchants hope for Trump's "genuine sincerity," handbag seller Zhuang remains skeptical, calling him "unreliable." Guo Tao warned the tariff dispute creates a "lose-lose situation for everyone."
- Businesses are diversifying to mitigate risk; Zhou noted, "We can't put all our eggs in one basket." Rising raw material costs exacerbated by the war in the Middle East further pressure merchants seeking stable growth.
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Sellers in China trade hub seek tariff reprieve from Trump visit
Labourers sweated as they wheeled bags of clothes, shoes and accessories to a sprawling wholesale market in southern China, where shop owners hoped an upcoming visit by Donald Trump would see an easing of tariffs hitting their exports.
The top U.S. trade official revealed that the Trump administration is preparing to use its upcoming trip to China to seek to expand U.S. agricultural exports and secure broader trade commitments. The official emphasized that the trade negotiations during the visit will focus on "non-sensitive goods," including agricultural products.
Manufacturing heartland: Sellers in China trade hub seek tariff reprieve from Trump visit
·Luxembourg City, Luxembourg
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Total News Sources18
Leaning Left2Leaning Right4Center5Last UpdatedBias Distribution46% Center
Bias Distribution
- 46% of the sources are Center
46% Center
L 18%
C 46%
R 36%
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