Chinese exporters were scrambling Monday to cope with a plunge in U.S. sales while China’s state press shrugged off the impact of Washington’s tariff hikes in a spiraling technology dispute. The overall blow from Friday’s tariff hikes to the world’s second-largest economy should be limited, according to private sector analysts. The general manager of medical device exporter that depends on the United States for 15 to 20 percent of sales said he plans to fly there this week to negotiate with customers who stopped ordering its syringes and other equipment. …read more
Source:: Yahoo Finance
