Chinese exporters scramble to cope with US tariffs
https://apnews.com/9eb8e7d540d641e0abb9bb30d3bf6789
BEIJING (AP) — Chinese exporters are scrambling to cope with a plunge in U.S. orders while China's state press shrugged off the impact of Washington's tariff hikes in a spiraling technology dispute.
The overall blow from Friday's tariff hikes to the world's second-largest economy should be limited, according to private sector analysts. But President Donald Trump's measures targeting Chinese medical, construction and factory equipment hit small exporters that say price-conscious American customers have stopped buying.
Chinese exporters scramble to cope with US tariffs
Jul 9, 2018, 8:15am UTC
https://apnews.com/9eb8e7d540d641e0abb9bb30d3bf6789
> BEIJING (AP) — Chinese exporters are scrambling to cope with a plunge in U.S. orders while China's state press shrugged off the impact of Washington's tariff hikes in a spiraling technology dispute.
> The overall blow from Friday's tariff hikes to the world's second-largest economy should be limited, according to private sector analysts. But President Donald Trump's measures targeting Chinese medical, construction and factory equipment hit small exporters that say price-conscious American customers have stopped buying.