China exporters reel as US tariffs imperil world’s supply hub

News

May 14, 2019 9:44 AM

BEIJING (BLOOMBERG) – “I’m lost and perplexed,” said Chinese furniture maker Ben Yang as he reeled from news that US tariffs on his products were hiked to 25 per cent from 10 per cent. “We probably have to switch to making something else or shut down altogether.”