Li, a garment exporter in southern China, said the United States’ steep tariffs have dealt a devastating blow to his business.
The business owner from Guangzhou Province said his orders from the United States “evaporated” as the levies escalated.
Li is not alone. Most Chinese exporters are in the same boat. On social media platforms in China, they discuss their dilemma. A few said they were immune from the impact of U.S. tariffs owing to their irreplaceable products.
These exporters reported that U.S. orders formed the majority of their business—and were the most lucrative. Without the American market, no other region, including Europe, can fill the void….