‘American customers won’t buy anything this year’: Trump’s 104% tariffs dim festive cheer for China’s Christmas factories
‘American customers won’t buy anything this year’: Trump’s 104% tariffs dim festive cheer for China’s Christmas factories
Chinese Christmas decoration makers are facing a sharp decline in US orders after Donald Trump hiked tariffs on Chinese goods by 104%. Factories in Jinhua report stalled or cancelled shipments, with fears of job losses and price hikes in the US. Industry insiders warn American consumers may face shortages and higher costs this festive season.
Chinese Christmas decoration makers are facing a sharp decline in US orders after Donald Trump hiked tariffs on Chinese goods by 104%. Factories in Jinhua report stalled or cancelled shipments, with fears of job losses and price hikes in the US. Industry insiders warn American consumers may face shortages and higher costs this festive season.