After Washington raised tariffs on Chinese goods by 145%, U.S. orders for medical devices have vanished. “It’s a matter of life and death because 60-70% of our business is with American clients,” said Li, marketing manager of Conmo Electronic Co. “Goods cannot be exported and money cannot be collected. This is very severe.” No other country comes close to matching China’s sales of more than $400 billion in goods to the U.S. each year. |
