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RE: LeoThread 2025-04-18 17:02

in LeoFinance6 months ago

Part 1/12:

The Impact of the Trade War: Voices from Dongguan and Beyond

The escalating trade war between the United States and China has resulted in a significant toll on the livelihoods of many Chinese citizens. In Dongguan, once revered as the "world's factory," factory owners are speaking out in frustration as they confront challenges stemming from increased tariffs. With the tariffs on Chinese products reaching heights of 245%, many in the manufacturing sector find themselves overwhelmed, while the broader economic fabric of the region begins to fray.

The Toll of Rising Tariffs on Factories