69% Tariff Cripples China’s Foreign Trade, Companies Close Overnight, Economy Set Back 30 Year
69% Tariff Cripples China’s Foreign Trade, Companies Close Overnight, Economy Set Back 30 Year
Udumbara
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A 1980s-born entrepreneur running a kitchenware factory in Zhejiang named Lao Guo, has recently been overwhelmed by the piles of goods stacking up in his warehouse. In a video he posted, Lao Guo expressed his frustration, saying that U.S. tariffs have shattered his dreams as a middle-aged man striving for success. He shared: "So many goods are stuck due to tariff issues, and I don’t know where they will go".
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