(16 Apr 2025)
RESTRICTION SUMMARY:
ASSOCIATED PRESS
Guangzhou, China – 15 April 2025
1. Wide of trade fair
ASSOCIATED PRESS
Guangzhou, China – 16 April 2025
2. SOUNDBITE (Mandarin) Wallace Huang, export business director of Weking Group:
++PART OVERLAID BY SHOT 3++
“We cannot rely on a single market. We need to diversify our market. When the West is dark, the East is bright. The global market is huge. In recent years, our exports to the U.S. have slowly been declining. Our government opened the market in Belt and Road countries, which is very promising.”
3. Various of Weking Group business director Wallace Huang showing airfryer
ASSOCIATED PRESS
Guangzhou, China – 15 April 2025
4. Booth of Chinese air purification company Airdog
5. SOUNDBITE (Mandarin) Zhang Haiyun, overseas sales director of Airdog:
++PART OVERLAID BY SHOT 6++
“Basically, there is no freight companies willing to take orders because no one knows what would happen to the tariffs when the goods arrive, so everything is on hold. Some companies have moved their factories to other countries, but they must have planned a long time ago. It would take a lot of time if we only start now. We prefer to wait and see for a period of time how things develop rather than rush into any decisions.”
6. Various of Airdog booth
7. Various of Exotica Fresheners company booth
8. SOUNDBITE (English) Danny Elassir, export director of Exotica Air Freshener Company:
++PART OVERLAID BY SHOT 7, 9 & 10++
“Even though we manufacture in the U.S., the raw materials, a lot of the raw materials might come from different countries. So, this is one part in which we were affected. The other part is our export is getting affected since the U.S. have imposed higher duties on some countries. Also, those countries have imposed higher duties on U.S. products. Going back to the old duty rates, this is really the only way we see it happening for business to keep growing, for our export to increase, and for our import of raw materials to be at the right level.”
9. Various of U.S. flags on packaging
10. People gathered at expo
STORYLINE:
Exporters in China are left in a lurch over whether to shift markets as major economies fight out a trade war, or to wait and see how the tensions play out.
Exporters are already feeling the impact – one exporter says freight companies have declined orders, others have raised prices, and still others are reducing production at their factories.
Chinese exporters have been facing steep tariffs since U.S. President Donald Trump’s first administration, with some already having moved production overseas. For those who haven’t – the latest round of tariffs is prompting them to reconsider how to survive.
Wallace Huang is in charge of Weking Group’s export business. Huang said the company sells rice cookers worth about $20 million every year to other countries.
Exports to the U.S. have dropped to about 5% to 10% since Trump’s first administration. They have halted business with the U.S. right now because their U.S. clients will bear too much cost if the 145% tariffs are in place.
“We cannot rely on a single market, we need to diversify our market” Huang says, noting that his company has reduced exports to the U.S., and are now looking to countries that are part of China’s “Belt and Road” infrastructure project that aims to strengthen ties with Asian, African and European countries.
“Some clients told me they’ve decided to deliver their goods as usual in May but they may reduce the amount” Li said. “No one knows how the tariffs will change.”
AP video shot by Olivia Zhang
Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Twitter: https://twitter.com/AP_Archive
Facebook: https://www.facebook.com/APArchives
Instagram: https://www.instagram.com/APNews/
You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/0e81372445db44c68fc116ddbdef326d
Author: AP Archive
Go to Source
News post in April 21, 2025, 12:05 pm.
Visit Our Sponsor’s:
News Post In – News
