Chinese high-tech manufacturers prepare for the impact of potential tariff in the US.
Like many senior executives in China’s high-tech production, Xiao Fuqiang has been maintaining frequent customer contact in the United States in the past week.
“I contacted my American customers one by one. We have been closely communicating, hoping to find the best way out, “Xiao said, deputy general manager of Guangzhou China Sun Electronics Co., Ltd., the production of sports cameras.
The US plans to impose tariffs on China’s imports of about 50 billion dollars and limit investment in China. The move triggered concerns about the trade war between the world’s largest economies.
China’s high-tech industries, such as electronic equipment costume manufacturer, information technology and new energy, may be the main objectives of Trump’s tariff plan.
Xiao said his US partners have expressed their willingness to prepare for the potential impact and share risks.
“We are all very important,” Xiao said. Most of the action cameras are in China and in the US. Of their tariffs will only lead to a lose lose situation.”
Xiao’s opinion is Wu Tianwen, President of Dongguan surpass Industrial Co., Ltd., a consumer electronics product.
Over the past few years, Wu’s company has established a close partnership with American customers: they share the cost of production, and 90% of Wu’s products are exported internationally through his American partners.
Constantly escalating the threat of trade disputes between China and the United States, whether Wu or his partners want to see cooperation, Wu Yue.
Years of partnership have created an effective way of cooperation between us. Wu Yue: “we are very complementary and important to each other.” That’s why we are making every effort to find a way to reduce losses.
An American customer of Wu said in an e-mail that Trump’s decision will eventually hurt American customers.
This has become the consensus of American enterprises. The trade associations of about 45 American retail, technology, agriculture and other consumer goods industries urged the US government not to impose tariff plans on American imports, which would damage Chinese consumers and companies.
In the past week, many Chinese manufacturers have also felt the pressure of the global trade chain, which is caused by trade war.
“The situation is not optimistic,” Tang Guobao said. The deputy general manager of Guangzhou sunsong Technology Co., Ltd. is an industrial robot.
China is the main costume manufacturer of industrial robots, but these robots are made by many sophisticated instruments in the United States, which are produced by companies in Republic of Korea, Japan and Europe, Tang said.
“At least in the industry robot industry, there will be no spectators, only the victims in the trade war,” Tang added.
The same is true of the iPhone industry chain. It is an important part of smart phone industry in China. Behind it is a big network of global cooperation, division of labor and profit sharing, including American companies, “said the president of a large Chinese smartphone maker, who did not want to be named.
At a news conference on Thursday, Gao Feng, a spokesman for China’s Ministry of Commerce urged the United States to “return to the right track for win-win cooperation between the two countries”.
Gao said: “the United States must abandon unilateralism and protectionism and take measures to resolve disputes through dialogue and consultation.”
“China is always an open negotiation,” Gao said, emphasizing the principle of equality and constructively, and making concerted efforts to balance it.