Trade War Impact on Chinese Manufacturers - US-China trade tensions, driven by tariff increases, create uncertainty for Chinese manufacturers, forcing them to focus on short-term survival rather than long-term strategies [1][2][4] - The trade war has led to reduced revenue for some Chinese manufacturers, with one example showing a 20% decrease in revenue [5] - Tit-for-tat tariff hikes between the US and China have raised tariffs up to 145% for Chinese goods going to the US and 125% for US goods coming to China [6] - Despite trade tensions, China's GDP expanded by 52% in the second quarter, but exports to the US fell by 24% during the same period [11] - The US imported approximately 439 billion USD worth of goods from China, while US exports to China totaled approximately 143 billion USD, resulting in a trade deficit of approximately 295 billion USD [7][8] Strategies and Adaptations - Chinese manufacturers are exploring the "China-plus-one" model, shifting production to countries like Cambodia, India, and Southeast Asia to avoid tariffs and take advantage of lower labor costs [19][20] - Some companies are considering shifting focus to other markets like Europe, but find it difficult to replace the US consumer market due to its size and openness to new trends [21][22][23] - The uncertainty in US trade policy, including on-again, off-again tariffs and the closure of the de minimis tariff loophole, has disrupted manufacturers' planning and order cycles [15][18] Economic Concerns - Concerns exist that reduced access to the US market could lead to price cuts, job losses, and lower wages in China, potentially dampening consumer sentiment [9] - China faces persistent deflation, which reduces company earnings and discourages investment and hiring [11][12] - The loss of jobs, lower wages, and potential price cuts due to trade tensions could lead to a deflationary spiral in China [13] Market Dynamics - The US consumer market is considered essential and difficult to replace due to its size and spending power [3][23][25] - Despite tariffs, Chinese companies are not entirely deterred from the US market, but are focused on managing the uncertain relationship and planning for potential decoupling [25]

Trade & Tariff - US Department of Commerce to impose preliminary anti-dumping duty of 935% on Anode-grade Graphite imported from China [1] - US Department of Commerce determined that Chinese Anode-grade Graphite was sold in the US at less than fair market value [1]

Malaysia remains on track to reach its trade growth target for the year even as it expects the pace of expansion to moderate in the second half, according to Investment, Trade and Industry Minister Zafrul Aziz. https://t.co/cvd2pffuI0 ...

#数据 韩国据产业通商资源部数据显示，6月出口同比增4.3%，达到598.0亿美元，但略低于4.7%的预期中值。韩国5月出口下降1.3%。韩国6月对美国出口下降0.5%，连续第3个月减少；对中国出口连续第2个月下降，降幅为2.7%；对欧盟出口增长14.7%，对东南亚国家的出口增长2.1%。韩国半导体出口连续第4个月增长，增幅11.6%，但为近4个月以来最慢增长。 ...