Chinese Exporters Scramble to Cope With Trump Tariff Hike

Courtesy of The New York Times. By THE ASSOCIATED PRESS

BEIJING — Facing a possible U.S. tariff hike, one of China’s biggest ball bearing makers, Cixin Group, is weighing plans to rush shipments to American customers before the increase makes its sales unprofitable.

The company in the eastern city of Ningbo is among exporters of goods from motorcycle parts to electronics that are scrambling to cope with President Donald Trump’s higher duties by shipping early, raising prices or finding new markets.

The 25 percent increase would turn Cixin’s profits to losses in the U.S. market, which takes 30 percent of its exports, according to Wang Liqiang, a company manager.

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