"Although the current Sino-US economic and trade friction has not had much impact on my business, it has caused widespread concern in the industry and I hope that the two countries will solve this problem as soon as possible." David Day, who is attending the "Discount Merchandise Show" in Las Vegas, USA, said.
Dai works as a wholesaler in New York, where his company has been importing apparel and apparel from China for many years. He said in an interview with reporters on the 11th that the impact of Sino-US economic and trade frictions on US clothing importers and retailers is mainly reflected in the psychological level, and people in the industry are generally worried that if the economic and trade frictions continue for a long time, they may have an impact on the industry.
Dai said that China has a complete industrial chain in chemical fiber clothing and apparel products, which is irreplaceable by other countries, and his company currently has no intention of looking for suppliers in other countries.
John Chen, from Somerset, New Jersey, has been in the footwear wholesale business for 30 years. He said that the current Sino-US economic and trade frictions have not had much impact on his business, but if the United States further escalates tariff measures, it will definitely have an impact on business.
"Unity is mutually beneficial, doing business requires a long-term and stable environment, and I hope that the two countries can solve the problem of economic and trade frictions as soon as possible." Chen Jeff Shin from Los Angeles, California, is also worried about Sino-US economic and trade frictions. He said that if the U.S. economy deteriorates due to economic and trade frictions, he will consider reducing imports from China and, in short, hopes that the two countries will develop a "smooth relationship."
New York retailer Jimmy Kindy said the U.S. government's tariffs have led to higher prices of goods from China, but even so, imports from elsewhere are still more expensive than Chinese goods. Kindi said market concerns are rising, and retailers can't afford the tariffs on their own, but can only pass on the cost to American consumers.
Dan Smith, a hat wholesaler from Florida, has made clear opposition to the U.S. government's imposition of tariffs. He said he did not get help from the policy of imposing tariffs, but rather, "we are paying the tariffs and the tariffs come from our own bank accounts."
Trisia Balgrev, head of the exhibition organizers, said that everyone is talking about Sino-US economic and trade frictions observing the impact of economic and trade frictions, and considering how to digest rising costs. Many businesses are worried about the long-term impact of Sino-US economic and trade frictions.
Mohammed Abdullah, who works as a clothing retailer in SkokieIllinois, said that Sino-US economic and trade frictions have disrupted the international market and "hope that economic and trade frictions can end as soon as possible."
This year's "Discount Merchandise Show" was held in Las Vegas from August 10 to 13. According to the organizers, the "Discount Goods Exhibition" is held twice a year and has been held for 50 consecutive sessions. Due to the high quality and low price of the exhibited goods, the exhibition has attracted a large number of merchants since its inception. There are more than 400 exhibitors in this year's exhibition, mainly from the United States.