Chinese factories slow production and send workers home as tariffs bite

Factories in China are experiencing production slowdowns and worker furloughs due to the U.S.-China trade war, which has led to tariffs of at least 145% on most Chinese goods. With approximately 15% of Chinese exports going to the U.S., many factory owners report canceled or suspended orders, prompting them to halt production for weeks. The Shenzhen Cross-Border E-Commerce Association indicates that anxiety among merchants is rising, with factories cutting overtime and considering layoffs as they seek alternative markets amidst significant pressure from diminished U.S. orders.

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