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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

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