New demands
US retailers demand Chinese firms pay shipping costs as trade pressure grows
For years, US retail giants paid to ship goods from China to America. But that is changing as costs spiral amid the trade war
....Stage Group, a leading garment maker from Zhejiang, has been paying the logistics costs on 60 per cent of its US-bound shipments since the end of May, a sales representative from the company said. Shipping costs are not the only area where China’s factories are being squeezed. Earlier this month, sources told the Post that US retailers were pushing their Chinese suppliers to shoulder up to 66 per cent of the costs of US tariffs, whereas previously those fees were paid by the American buyers.
Last edited: