Gå ubegrenset med Magzter GOLD

Gå ubegrenset med Magzter GOLD

Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare

$149.99
 
$74.99/År

Prøve GULL - Gratis

US buyers elusive as tariffs cast pall over China trade show

The Straits Times

|

October 23, 2024

Canton Fair feels effects of latest salvo in trade war between Washington and Beijing

- Joyce ZK Lim China Correspondent

US buyers elusive as tariffs cast pall over China trade show

GUANGZHOU - Chinese exporters at the country's largest trade show say that American buyers and the business they represent have become increasingly elusive, as rising tariffs cast a pall on the outlook for shipments between the world's two largest economies.

The twice-yearly Canton Fair, a bellwether for trade, opened on Oct 15 in Guangzhou, just weeks after the US implemented tariff hikes on Chinese imports from steel to electric vehicles on Sept 27.

It was the latest salvo in a trade war with more duties to follow over the next two years - that has since 2018 reshaped the global flow of goods, with emerging economies filling the space left by decreased US-China trade.

Its effects were felt in the southern Chinese manufacturing hub, where exporters from across the country are converging until Nov 4 to secure orders for the months ahead.

Ms Jessie Zhou, sales representative of a shopping trolley manufacturer from eastern China's Jiangsu province, said she had not encountered any American clients at the fair after tariffs on steel more than tripled to reach 25 per cent.

US buyers used to make up about 10 per cent of Changshu Kaijia Metal Products' business, she said.

Now, their orders were "basically no more".

FLERE HISTORIER FRA The Straits Times

The Straits Times

AI use could make us ‘subcognitive’

AI threatens students’ most basic skills. If they lose their ability to understand what they read, will they lose their ability to think?

time to read

4 mins

October 31, 2025

The Straits Times

Clean tech can scale up with state support, blended finance: Panel

Such technologies are on the rise across Asean as countries seek to reduce emissions

time to read

4 mins

October 31, 2025

The Straits Times

Nearly 700 more children fall ill in Indonesia after eating free school meals

The Indonesian authorities are investigating food poisoning cases involving nearly 700 children in Yogyakarta province this week, after students ate meals prepared under President Prabowo Subianto’s key free school meal programme, an official said.

time to read

1 mins

October 31, 2025

The Straits Times

Lim Boon Heng takes 'ultimate responsibility' on failed Allianz-Income union

He and NTUC Enterprise board admit that the offer could have been managed better

time to read

3 mins

October 31, 2025

The Straits Times

VACHEROT MASTERS TOUGH MOMENTS

2025’s surprise package happy with how he handled pressure points in win over Norrie

time to read

2 mins

October 31, 2025

The Straits Times

TNP merges with Stomp

Refreshed website aims to better resonate with younger audience, attract new readers

time to read

3 mins

October 31, 2025

The Straits Times

Malaysia considers live monitoring of school CCTV footage by police

Malaysia's Home Ministry is considering a proposal to link school CCTV systems to the police to enable real-time monitoring and enhance security.

time to read

1 mins

October 31, 2025

The Straits Times

The Straits Times

Trump asks Pentagon to immediately resume testing nuclear weapons

He says it is necessary to keep up with rivals; Russia and China criticise move

time to read

2 mins

October 31, 2025

The Straits Times

Over 350,000 have registered for QR code system at JB checkpoints

More than 350,000 people have registered for the National Integrated Immigration System (NIISe) to use QR code lanes at the Johor-Singapore border.

time to read

1 mins

October 31, 2025

The Straits Times

Don't forget human touch as SG60 exhibitions go digital

I recently attended the SG60 exhibition at the Orchard Library. While I appreciate the initiative to celebrate Singapore's 60 years of progress, I would like to share some sincere feedback and suggestions for improvement.

time to read

1 mins

October 31, 2025

Listen

Translate

Share

-
+

Change font size