Once upon a time, the U.S. market was once the most important exporter of rattan outdoor furniture, accounting for nearly 50% of the export volume. In order to meet the needs of American customers, the company made several explorations, discussed the preferences of American people for steel outdoor furniture, and formulated detailed product plans and sales demands for the U.S. market.
However, since the Sino US trade dispute and Trump's trade war, tariffs on Chinese goods exported to the United States have been increased. The dominant position of American market in our company is not as good as before. In the past, most of the American dealers stopped or significantly reduced the order volume of rattan outdoor furniture. This is undoubtedly a great loss to us and our customers.
Although the trade frictions between China and the United States did not appear only in recent years, under such a severe situation of global economic development, I hope that the United States can take a step back, iron outdoor furniture pay attention to the economic losses brought by the trade war and the needs of the American people, and coordinate with China to stop the trade war. In this way, the United States will return to our main market of rattan outdoor furniture soon.