US EditionAt China's largest trade fair, exporters say US markets are "frozen"
- At the Canton Fair in Guangzhou, exporters reported that the US market is "frozen" due to tariffs imposed by President Trump, making it hard to secure US orders.
- More than 30,000 exhibitors participated, with attendance dropping to 170,000 buyers, a significant decline from the previous record of 253,000 buyers.
- Candice Li from Conmo Electronic Co expressed serious concerns about the impact of frozen exports on employment, stating, "It’s a matter of life and death because 60 to 70% of our business is with American clients."
- Exporters worry that ongoing tariffs will harm their businesses and lead to job losses, stating, "How will their salaries be paid? There will be unemployment.
14 Articles
14 Articles
Associated Press News
US tariffs bring stalled shipments and uncertainty for Chinese exporters
Exporters at China’s largest trade fair are facing uncertainty, stalled shipments and lower sales forecasts due to the trade war with the United States.
Major China trade fair is wake-up call for exporters, who warn US market is ‘frozen’
A major China trade fair – the first such event to take place since President Trump’s tariffs took effect – served as a wake-up call for exporters, who warned the US market is totally “frozen.”
China’s Foreign Trade Sector Moving Fast to Navigate Tariff Headwinds
People visit the Yiwu International Trade Market in Yiwu, east China's Zhejiang Province, Feb. 9, 2025.(Photo/Huang Zongzhi, Xinhua) Beijing - Despite tariff challenges, Yiwu International Trade Market in east China is as bustling as usual, with buyers from across the globe busy negotiating prices with vendors and placing orders. Small businesses in Yiwu, a city in Zhejiang Province known as "the world's supermarket," have demonstrated strong dy…
Exporters shifting sales to markets at home
Ningbo Today Food Co Ltd, one of Asia's leading tuna product firms, is navigating a tumultuous export market landscape as orders from the United States have steadily declined since the introduction of tariff policies first levied in 2019.
Coverage Details
Bias Distribution
- 40% of the sources lean Right
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
