Post #5969

🇺🇸🇨🇳Guangdong sellers pin hopes on Trump visit Manufacturers in Guangdong province — China's export heartland accounting for roughly a fifth of national foreign trade at a record 9.49 trillion yuan in 2025 — are awaiting a possible tariff reprieve as the White House confirmed Trump will visit China on May 14–15. US tariffs on Chinese goods reached 145% at peak escalation before a one-year truce was agreed between Trump and Xi Jinping in October. China's Foreign Ministry has not confirmed the visit dates. Despite the truce, sellers at Guangdong's wholesale markets report that US orders have largely dried up, with one denim company sales manager stating American customers have effectively disappeared. The province's export base — covering clothing, footwear, and accessories — remains structurally exposed to bilateral trade policy, given its scale and dependence on US demand. A tariff reduction resulting from the May summit could partially restore order flows, but no concrete deal has been signaled ahead of the visit. #China#USA @asianomics