US boat manufacturer faces higher ‘Made in China’ prices

1,930 views · Published 21 September 2018 · 2:18 · Indexed 25 September 2026

Channel: CGTN · 2018 · News & Politics

Watch on YouTube

From September 24, 200 billion US dollars' worth of Chinese goods entering America will be subject to a new 10 percent tariff. That will rise to 25 percent in January. The White House has signaled it's ready to impose even more import duties. Washington may be taxing an amount roughly equivalent to all Chinese goods shipped to the US last year. 
One American company that relies almost exclusively on China to manufacture its inflatable boats now has a sinking feeling about its ability to survive. CGTN’s Nick Harper reports from Port Jefferson, New York.


Subscribe to us on YouTube: https://goo.gl/lP12gA

Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8

Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv

Follow us on:

Website: https://www.cgtn.com/
Facebook: https://www.facebook.com/ChinaGlobalTVNetwork/
Instagram: https://www.instagram.com/cgtn/?hl=zh-cn
Twitter: https://twitter.com/CGTNOfficial
Pinterest: https://www.pinterest.com/CGTNOfficial/
Tumblr: http://cctvnews.tumblr.com/
Weibo: http://weibo.com/cctvnewsbeijing

More from this channel