At their eighth round of consultations in September, China and the United States settled product lists for reciprocal tariff reductions covering about 30 billion dollars of trade in each direction. Washington is cutting duties on Chinese toys, household appliances, baby products, kitchen and bathroom goods and holiday gifts, and exporters in Yiwu and Chenghai report firmer US orders and easier price negotiations. Many suppliers are still diversifying into Latin America and moving up to higher-margin designs.
This is an editorial summary written by Xinray Technology. All rights to the original report belong to Xinhua.
Equipment We Manufacture for Export
Xinray Technology is a manufacturer and exporter of industrial machinery with 15+ years of export experience — CE/ISO certified, custom-engineered and shipped worldwide under FOB / CIF / EXW terms.