Everitt Lawson Group - Chinese Exporters Could Lose All US Business

Everitt Lawson Group - Chinese exporters stand to lose out on significant amount of US business as
higher tariffs will wipe out profit margins.

Taipei, Taiwan, May 17, 2019 --(PR.com)-- Yesterday, Chinese exporters awoke to the unexpected news
that US President Donald Trump and his administration had pulled the trigger on escalating tariffs on
Chinese goods to the value of $300 billion after China allegedly reneged on several promises it had made
during trade talks.

China, in turn, hit back with retaliatory tariffs on US goods valued at around $60 billion dollars targeting
a wide range of agricultural products that will have a devastating impact on the earnings of US farmers.

China's exporters are up in arms about the harsh tariffs imposed by Trump who has escalated the trade
war far beyond what anyone initially thought was possible. Analysts at Taipei, Taiwan based Everitt
Lawson Group say many Chinese exporters will stand to lose all of their US based business.

When certain products are sold with only a 15 percent profit margin, a 25 percent import tariff will wipe
out any profit to be made.

In March, after weeks of optimistic statements from Trump and his administration stating that
negotiations with China were progressing well, China's exports showed signs of recovery with a 14.2
percent rise. This rise was shaken by a 2.7 drop in April and Everitt Lawson Group blame the prolonged
trade tensions.

And while Chinese exporters fear that the latest round of tariffs could wipe out their US business, Everitt
Lawson Group analysts say China's retaliatory tariffs could be the difference between life and death for
many US companies.

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Contact Information:
Everitt Lawson Group
Matthew Flyn
011886277417927
Contact via Email

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You can read the online version of this press release at: https://www.pr.com/press-release/785174

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