In the buzzing factories of Zhongshan, a manufacturing hub in southern China, home appliance producers are doubling down on innovation as U.S. tariffs squeeze their profits. 🔌 Despite mounting pressure, many exporters refuse to slash prices, declaring: "We won't drop prices." 💪
Home appliances ranked as China's fourth-largest export to the U.S. last year, but the trade landscape is shifting fast. American buyers, racing against a 90-day negotiation window, are absorbing extra costs while scrambling to secure orders. 🏃♂️💸
"It's a high-stakes game of adaptation," says Huang Fei, a reporter covering the story. Factories are optimizing supply chains and exploring new markets – from Southeast Asia to the Middle East – to stay competitive. 🌏✨
While tariffs bite, Zhongshan's tech-driven upgrades – like AI-powered production lines – hint at a future where "Made in China" means smarter, not cheaper. 🤖📈 Will this strategy pay off? The world is watching. 👀
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'We won't drop prices': Chinese exporters battle U.S. tariffs
cgtn.com