Chinese exporters are scrambling to cope with a plunge in U.S. orders while China's state press shrugged off the impact of Washington's tariff hikes in a spiraling technology dispute.
The overall blow from 's tariff hikes to the world's second-largest economy should be limited, according to private sector analysts.
But President Donald Trump's measures targeting Chinese medical, construction and factory equipment hit small exporters that say price-conscious American customers have stopped buying.
The general manager of Wuxi Yushou Medical Devices Co., Ltd. in Wuxi, west of Shanghai, which sells syringes and other medical equipment, said he plans to fly to the United States next week to negotiate with customers who stopped placing orders even before the tariffs took effect.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)