Tuesday, 14 May 2019

China Exporters Reel as U.S. Tariffs Imperil World’s Supply Hub

China Exporters Reel as U.S. Tariffs Imperil World’s Supply HubFurniture makers like Yang’s Sunrise Furniture Co., based in the industrial heartland of Dongguan in southern China, already had wafer-thin profit margins after years battling rising labor and other costs. A Bloomberg Economics analysis of almost 1,000 companies in major export sectors found "not many" can survive tariffs of 25%.




from Yahoo News - Latest News & Headlines https://yhoo.it/2Q0BOx3

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