Donald Trump tariffs shake up China's factory heartland
shoe materials business, now straining under sweeping tariffs imposed by Donald Trump.
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The US president has targeted friend and foe alike since taking office a month ago, notably slapping additional 10 percent duties on products imported from China.
The move could affect hundreds of billions of dollars in trade and may worsen if the mercurial magnate follows through on his threats of even higher customs levies.
But for Xiao, the policy is already having «a major impact» on his firm, Weida New Materials.
Based in the southern city of Dongguan, the company makes artificial leather for shoe manufacturers, many of whom export to the United States.
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