Impact of Trump’s tariff, Chinese Christmas factories not get a single American order

Trump Tariff On China: Producers making Christmas tree and other holiday items in China say that they have not received any order from American customers so far. They are also afraid of not getting orders at all. This is due to the huge tariff imposed on the Chinese imports of US President Donald Trump. Trump has imposed 125 percent tariff on China alone.

Chinese manufacturers fear this

According to the report by news agency Reuters, Chinese manufacturers are worried that due to the tariff, they should not stop getting the order at all. Queen Ying, who runs a Christmas tree factory in Jinhua, Eastern China, said while talking to the Reuters, “Almost all the orders are final in the month of April. But now it is difficult to know whether orders are coming or not. It may be that American customers do not buy anything this year. ”

Eating American market is damaged

Jessica Guo, settled in Jinhua, said, “Me and my partner depend on the American order for livelihood. In such a situation, people will have an impact of order getting the order. In our country too, the demand for things related to Christmas decoration is negligible. Eating the American market will definitely have an impact on many people’s jobs. ”

Let us know that American retailers buy 87 percent of Christmas decorations from China, which is about $ 4 billion annually. Meanwhile, Chinese factory also sells about half of their stock in US markets. Both are dependent on each other, but now the shadow of trade war has started hovering on them. The US has a supply of 5.5 percent of the Christmas decoration from Cambodia, on which Trump has put a tariff.

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