Chinese exporters are blocked by stopping them in the trade war between the United States and China
The United States of Chinese, which is temporarily less than the customs tariff, is a relief to Chinese exporters to have been forgotten since the beginning of the trade war between the two largest economies in the world.
The Trump administration duties will be reduced by 145 % on most Chinese imports to 30 % by May 14, while the 125 % revenge tax on American goods will decrease to 10 % during a 90 -day cooling period, according to Beijing and Washington on Monday after negotiations in Geneva.
For one of the Shanghai medical equipment makers, the commercial tensions that reduce the joint statement will allow it to cut the planned jobs and close the production lines scheduled later this month. This will provide some breathing space, but it will not change the efforts made to change some manufacturing from China and avoid the remaining definitions, said Bang Ling, the company’s sales manager, who uses hundreds of workers and depends on the United States for half of its annual sales.
“Now, we do not need to allow anyone to leave,” she said in an interview on the phone. “I am sure this year’s sales from the United States again.”
Several Chinese factories that export everything from coffee machines to yoga pants have stopped shipping to the United States and covered assembly lines – with some or four days operating only a week – after President Donald Trump allocated China to the high tariff in April.
The demand for many Chinese Chinese products has increased on e -commerce platforms such as Shein Group Ltd. And PDD Holdings Inc. Sales on the two platforms are connected after that.
For Sun Yang, who owns a company that sells tools for facial and body imaging such as brushes and colors in the TEMU market on the Internet, it was not possible for good news soon enough as his warehouse was dwindling in warehouses in the United States, which represents all his sales.
“Our entire office was shouting” the shout! “When we read the news,” Sun said from his company’s headquarters in Shenzhen near Hong Kong.
Sun has seen sales growth in the middle of the numbers in the past two months, as American consumers store products before high prices.
Sun said: “Return to 30 % means that there is no pressure from high prices in the foreseeable future,” I hope consumers can get more confidence and return to shopping again. ”
Stopping fire in the US-Chinese trade war, Bruce Win, with the Ganangzho Shipping, expects a flood of new orders in the next few days-after a very quiet April.
“All ports will be busy again,” Win, who ships everything from kitchen tools to decorative licensing panels. “In fact, we are starting to see some urgent customers returning in the past two weeks, and now there will be a lot in the coming weeks.”
The escalation of the night, Lu Lu, the owner of the garment reserve in the eastern coastal province of Zhejiang, to plan a call with its clients in the United States. She said: “I am communicating with my customers in the United States tonight to find out what they think about and whether they want to resume some requests.”
Others are more careful about how to play Chinese -American trade relations. Chen Lee, director of the supply chain of a manufacturer of devices sold by American retailers such as Walmart Inc. said. And Costco Whallsale Corp.
“It is still risky and irrational to any major American agents to put new new orders,” said Chen, speaking from his office in Foshan, a city in the southern Chinese province of Guangdong. He added, “It is not new that the United States government declared something in the morning and completely changed in the afternoon.”
image: Operations in the deep water port in Yangshan, Shanghai. Photographer: Qilai Shen/Bloomberg.
