Tariff rollercoaster prompts Chinese exporters to 'give up' on US
Source: Reuters
Tariff rollercoaster prompts Chinese exporters to 'give up' on US
By Casey Hall and David Kirton
Fri, October 17, 2025 at 2:38 AM EDT 3 min read
SHANGHAI/GUANGZHOU (Reuters) -Amid the chaos of erratic U.S. tariff announcements, Chinese exporters making everything from kitchen appliances to Halloween decorations have responded by selling more goods to buyers in Europe, Latin America, the Middle East and Africa.
Jacky Ren, whose Gstar Electronics Appliance factory used to generate more than 60% of its revenue from U.S. orders, says he has "given up" on the American market.
Months of tit-for-tat tariff escalations, de-escalations, a brief truce, and the latest threat of a triple-digit tariff increase on Chinese goods from U.S. President Donald Trump in retaliation for Chinese curbs on rare earths exports, have left Ren feeling "extremely exhausted", and he is seeking out new markets to offset lost orders from U.S. customers.
Ren is not alone. Chinese customs data released this week showed exports from the world's second-largest economy have grown 7.1% to 19.95 trillion yuan ($2.80 trillion) in the first nine months of this year, despite a significant drop in goods heading to the United States.
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