Trump's tariffs hit China hard before - this time, it's ready

Quick Summary:

Trump has threatened a 10% levy from 1 February - but his campaign included 60% tariffs against Chinese imports.

The factory is trying to keep costs low as some of their American buyers are already considering moving business away from China and the threat of tariffs.

Mr Peng, whose wife died when their son was young, says the factory has been his family: "Our boss is determined not to abandon these employees.

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Article Details

Category: Business

Markets: United KingdomCambodiaCanadaChinaNorth KoreaMexicoSingaporeUkraineUnited StatesVietnam

Topics: Says Beijing Peng Chinese China Trade Trump Factory Tariffs

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-31 @ 23:08:14 (18 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 2119 words

Reading Time: 12 minutes read

Sentences: 94 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 25685934

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 6 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 15 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +0:00

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Publisher ID: #43

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