A ship unloads shipping containers at the Port of Los Angeles, USA. China and the US have become engaged in tit-for-tat tariff threats on billions of dollars of goods imported from each other. Photo: EPA

‘It has dealt us a heavy blow’ – China’s exporters count the costs of a higher yuan as trade war kicks off

Companies heavily reliant on exports are having to cut their prices to compete as the tit-for-tat tariff threats drive the yuan higher

Topic |   US-China trade war

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A ship unloads shipping containers at the Port of Los Angeles, USA. China and the US have become engaged in tit-for-tat tariff threats on billions of dollars of goods imported from each other. Photo: EPA
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