Part 2/11:
In recent months, the imposition of aggressive tariffs by the Trump administration has played a pivotal role in this crisis, with tariffs reaching as high as 145%. As a result, Chinese manufacturers are confronted with a staggering decline in orders from American companies, leading to mass cancellations. The repercussions are profound; experts estimate that over 15 million Chinese workers could be affected as factories collectively file for bankruptcy and face the threat of shutting down entirely.