China's Exporters feeling the pinch

China’s Largest Trade Fair Emptier After US Tariff Hike, Exporters Say

There are no clients from Germany, France, or the United States, a Chinese exporter at the China Import and Export Fair told The Epoch Times.

Exporters told The Epoch Times that China’s largest trade fair was emptier than in previous years. Pessimism is now pervasive across many industries after the United States imposed a 145 percent tariff on Chinese goods due to the Chinese regime’s unfair trade practices.

The Canton Fair, also known as the China Import and Export Fair, is the oldest, largest, and most representative trade fair in China. It’s been held in the spring and autumn seasons each year since the spring of 1957 in Guangzhou city in Guangdong Province in southern China.

Although the Trump administration’s tariffs on the rest of the world are much lower for now, they are likely to curb global demand in the coming months, as well as demand for Chinese goods in other countries due to U.S. tariffs on Chinese goods, including those resold to the United States through other countries.

“If the CCP uses them as a third party to re-sell Chinese goods to the United States, the United States will impose higher tariffs on these countries as well. So, the CCP’s indirect export to the United States will also be hit hard.”

Read more at The Epoch Times