Wang Nan, a hardware trader in China’s eastern city of Yiwu, expected her business to feel some pain when the US-China trade war escalated in April. “Last year, we still had many American clients, but the tariffs changed everything,” she said.
Yet, Wang’s firm not only survived a rollercoaster year – which at one point saw US tariffs soar to triple-digit levels – it has emerged even stronger. An aggressive push to find new buyers in the Middle East, Central Asia and Africa paid off. In the end,…
How the ‘world’s supermarket’ rode out Trump’s tariffs – and grew even stronger
