Inside factories in China, a struggle to survive Trump's tariffs
Chinese factories in Guangzhou face challenges as President Trump's tariffs reach 125%, causing order cancellations and uncertainty. Small factories, vital to China's economy, grapple with finding new buyers amid existing overcapacity and frugal domestic consumers. While some factories temporarily close, others seek alternative markets. Despite rising labor costs, manufacturers remain optimistic about China's economic strength, hoping to overcome these difficulties.