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Chinese firms actively participate in US court hearing

foodmate 2018-08-30
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Monday marked the final day of a six-day public hearing in the US on tariff hikes on imports from China. Chinese companies there have expressed themselves about a proposed additional 25 percent tariffs on $200 billion worth of Chinese goods and US companies in turn voiced their concerns.

Zhejiang Fomdas Foods, specialists in satsumas in airtight containers, has been the favourite mandarin oranges supplier to the US since the late 1990s. Nevertheless, the US government plans to impose a 25 percent tariffs on satsumas, which may severely disrupt the companys operation and future sales.

Xu Xiaofang, the president of Zhejiang Fomdas, who attended the US public hearing, said: "Our products account for over 95 percent of mandarin oranges in American markets. It is nearly impossible to find alternative suppliers in a short period of time."

Chinese companies also stressed that the tariffs would raise costs and increase burdens on American consumers, and most products in question are not of strategic significance, therefore the imposition of tariffs would not contribute to the goals stated in the US investigation.

Xu said Chinese company representatives will have to wait four to six weeks for the final result. They are not sure when the trade tensions will subside, but they hope their high-quality products can be enjoyed by Americans and other world consumers.

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