News World-News

Relief on China's factory floors as US tariffs put on hold

Relief on China's factory floors as US tariffs put on hold
Source: ABC News

There is a vast space in the middle of the factory floor in Foshan in southern China, where workers should be welding high-end air fryers for the US market.

The BBC News reported that Derek Wang says his American customers were wowed by his air fryer models which are controlled via smartphones and can also bake, roast and grill.

They say but then on 2nd April, Donald Trump's "Liberation Day" tariffs hit all Chinese goods entering the US, eventually reaching 145 percent, and his clients asked him to pause production.

BBC News say he tried to keep smiling through his anxiety for the sake of his 40 workers.

They add both countries still face some tariffs.

The BBC News add that there is at least a 30 percent tax on all Chinese goods entering the US, and Beijing has kept a 10 percent levy on American goods coming into the country, down from 125 percent.

Source: ABC News

Stay tuned for the latest news on our radio stations

CFL radio frequencies
Scoreboard
Bulldogs vs Broncos
Rabbitohs vs Roosters
Titans vs Dolphins
3:00PM
Naitasiri vs Taveuni
Nadi vs Navosa
Suva vs Kadavu
Malolo vs Navosa
Suva vs Nadi
Taveuni vs Ba
1:00PM
Suva FC vs Navua FC
3:00PM
Labasa FC vs Nasinu FC
5:00PM
Rewa FC vs Lautoka FC
7:00AM
Ipswich Town vs Liverpool
11:30pm
Newcastle vs Bournemouth
2:00pm
Brentford vs Sunderland