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Fastener Enterprises To Take The Following Measures
- Dec 10, 2018 -

Fastener enterprises to take the following measures

At present, the United States imposes an additional 10% tariff on Chinese fasteners. Chinese fasteners can make up for some of the losses caused by the tariff increase through the devaluation of RMB, export tax rebate increase and VAT adjustment.

In addition, Chinese fastener exporters can negotiate with American importers and each bear a part of the losses. Whether this strategy is successful or not depends on the price difference between Chinese fastener exporters and the same products from other bolt sources, the degree of importers' trust in exporters' cooperation and the game skills of negotiation.