Donald Trump’s tariff war has created turmoil in global markets, yet exporters in Yiwu, China, display confidence and resilience, believing that China will ultimately prevail. Local business owners, like Kenny Qi and Nie Ziqin, express defiance against US tariffs, with predictions of Trump’s retreat in response to China’s retaliatory measures, including significant tariffs and nationalist rhetoric. While Yiwu’s exporters are diversifying to mitigate risks, larger manufacturers like Foxconn worry about potential production cuts and the long-term impact of reduced trade with the US, which remains a vital market.
