Trump hikes tariffs on China
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By Andrew Silver and Casey Hall SHAOXING, China (Reuters) -Chinese producers of plastic Christmas trees and other festive decorations say orders from U.S. clients, which are crucial for their business...
From Reuters
Tariffs ranging from 11% to 104% now apply to imports from around 60 US trade partners, which Trump has dubbed the "worst offenders" for what he considers unfair trade practices.
From BBC
The tariffs come at a difficult time for China's sluggish economy: domestic consumption remains weak and exports are still a major driver of growth.
From BBC
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The escalating trade war between the U.S. and China has severely impacted Chinese manufacturers of Christmas decorations. With U.S. tariffs on imports surging, Chinese exporters are struggling as orders dwindle.
Christmas in China never really ends. Decorations sometimes remain up year-round. In 2016 the south-western city of Chengdu will host Asia's first "SantaPark"--a giant Christmas-themed amusement ...