Tariffs not impacting on US demand
By Cheng Yu | China Daily | Updated: 2018-08-24 11:02
It was an unusual email, in which Chinese casting company Anhui Yingliu Electromechanical Co Ltd asked its US clients whether they would agree to bear the additional costs brought by the ongoing China-US trade tension.
The replies were surprisingly consistent. All the US buyers were willing to undertake these fees as they found that products from this Chinese company still had an edge even with extra tariffs.
The company, based in Lu'an, Anhui province, said that the result was "as expected". Its decades of work on casting products, which are essential components in machine manufacturing, have made it confident in bargaining with US counterparts, it noted.
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